Tuesday, December 20, 2011

Telstra extends deadline for completion of NBN deal

Australian fixed line incumbent Telstra is reported to have extended the deadline for completing the deal under which it will lease its infrastructure and transfer customers to the in-deployment National Broadband Network (NBN). The Australian Financial Review reports that, having been due to expire yesterday, the agreement signed in June 2011 between Telstra and NBN Co, the public-private company set up to oversee the management and construction of the NBN, has been extended. The additional time has been given for completion of the deal as Telstra is still awaiting regulatory approval for its Structural Separation Undertaking (SSU), which forms a core part of the agreement made with NBN Co.


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OVETEL Telstra extends deadline for completion of NBN deal

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