Australian incumbent Telstra is looking into new business areas, in case the country’s national broadband network (NBN) plans are not successful.
Speaking to investors, Telstra CFO John Stanhope was quoted in the Australian saying that options included a…
Australian incumbent Telstra is looking into new business areas, in case the country’s national broadband network (NBN) plans are not successful.
Speaking to investors, Telstra CFO John Stanhope was quoted in the Australian saying that options included a combination of fibre and copper-based high-speed broadband networks, which would be less expensive than a pure fibre solution.
Telstra last year signed a non-bidding agreement with NBN to participate in the project, which necessitates a structural separation.
The US$36bn fibre network aims to connect more than 1.7 million premises by June 2013.
Paul O’Sullivan, CEO of rival telco Optus last month called for the NBN to be run by an independent board to ensure its operation remains at arms’ length both from the government and existing telcos.
