The Australian Competition and Consumer Commission (ACCC) is inviting interested parties to comment on the structural separation plan re-submitted by incumbent Telstra on 9 December.
“The ACCC is seeking submissions on the appropriateness and…
The Australian Competition and Consumer Commission (ACCC) is inviting interested parties to comment on the structural separation plan re-submitted by incumbent Telstra on 9 December.
“The ACCC is seeking submissions on the appropriateness and effectiveness of the interim equivalence and transparency measures, and the monitoring of compliance measures in Telstra’s revised undertaking,” the regulator said in a statement.
The deadline for comment is scheduled for 13 January while the ACCC’s final decision on the plan is expected for February 2012.
Telstra was asked to revise its plan following concerns raised earlier by the antitrust authority.
The company had noted previously that the amendments to the initial plan do not constitute a material change with regards to the recent shareholder approval of the structural separation.
The structural separation of Telstra is required under the country’s national broadband network (NBN) plan.
Green light to launch in Singapore and Japan
In separate news, Telstra said, on 15 December, that it secured new operating licences in Singapore and Japan, which will allow it to own and operate telecoms infrastructure in both countries. The company was also recently awarded licences in India.
“Securing the licences in India, Singapore and Japan marks a key milestone in realising Telstra’s goal to be Asian specialists with world leading services,” the company stated.