Telstra signs new NBN deal

After a year of negotiations – six months more than originally envisaged – Telstra has signed a series of new agreements with the Government and NBN Co, to adapt their 2011 deal to account for the new ‘multi-technology mix’ national broadband network. Under the original deal, Telstra’s copper and cable would have become redundant as the national broadband network was rolled out, so Telstra just agreed not to use it and was left to decommission it. Under the new deal, though, the national broadband network will make use of the copper and cable, so Telstra will actually transfer ownership to...

After a year of negotiations – six months more than originally envisaged – Telstra has signed a series of new agreements with the Government and NBN Co, to adapt their 2011 deal to account for the new ‘multi-technology mix’ national broadband network. Under the original deal, Telstra’s copper and cable would have become redundant as the national broadband network was rolled out, so Telstra just agreed not to use it and was left to decommission it. Under the new deal, though, the national broadband network will make use of the copper and cable, so Telstra will actually transfer ownership to NBN. As a result it has been given additional protections, in case NBN Co sold the assets or the roll out ceased.

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