Telstra's NBN deal in peril after watchdog bites on broadband prices
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[February 14, 2012]

Telstra's NBN deal in peril after watchdog bites on broadband prices

Feb 14, 2012 (The Age - ABIX via COMTEX) -- The Australian Competition & Consumer Commission (ACCC) has announced that it will place a major condition on approval of the deal struck between Telstra and NBN Co, worth $A11bn-plus. The telco is looking to vend cabling infrastructure into the new national broadband network being rolled out by the NBN Co entity, and a structural separation of Telstra is part of the plans. However, the ACCC will only allow this if Telstra accepts a cap on wholesale broadband prices that could mean an earnings reduction of $A55m per annum.


Publication Date: 15 February 2012 TELSTRA CORPORATION LIMITED - ASX TLS NBN CO LIMITED AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

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