Original article by Mitchell Bingemann
The Australian – Page: 17 : 19-Dec-14
Telstra recently renegotiated its deal with NBN Co, the entity rolling out the national broadband network. It will still be worth $A11.2bn but involve different technology, due to the September 2013 election win of the Australian Government. The telco will also benefit from a separate move by NBN Co to award it half or more of the design and planning contracts for the infrastructure project, and some construction work. Pending confirmation by Communications Minister Malcolm Turnbull and Finance Minister Mathias Cormann, the agreements may be signed on 19 December 2014
CORPORATES
TELSTRA CORPORATION LIMITED – ASX TLS, NBN CO LIMITED, AUSTRALIA. DEPT OF COMMUNICATIONS, AUSTRALIA. DEPT OF FINANCE, AUSTRALIAN LABOR PARTY