A win-win deal for Telstra and NBN Co

The new deal will see Telstra get the same $11bn as per the original 2011 agreement, while the telco will progressively transfer ownership of its copper and HFC networks to NBN Co.

NBN Co and Telstra both had a vested interest in achieving a renegotiation of the agreement that underpins the building of the national broadband network. That’s why, while the nature of the NBN might have changed radically, the important fundamentals of the new deal Telstra has agreed to are effectively the same as in the original agreement.

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