Australian Telecommunications: Telstra out in cold on broadband

http://www.tmcnet.com


The report released by the Australian Government on its planned national broadband network shows that it will cost as little as $A38bn yet cover 93% of the population.

Consultancies McKinsey and KPMG also argue that the roll-out is not reliant on the co-operation of dominant telco Telstra, shares in which closed $A0.05 lower at $A3.08 on 6 May 2010.

Network operator NBN Co would be privatized by about 2025.

A special levy would be introduced to prevent providers choosing the most lucrative options only when gaining wholesale capacity from NBN Co.