Upgraded NBN a more attractive takeover target

Original article by Sally Patten
The Australian Financial Review – Page: 2 : 28-Sep-20

Telstra chairman John Mullen has welcomed the federal government’s decision to upgrade the national broadband network by rolling out fibre-to-the-premises to more households and businesses. He says the NBN will be easier to maintain than the current hybrid system, which includes fibre-to-the-node and the existing copper network. Amid speculation that the NBN will eventually be sold, Mullen says the upgraded network will be more attractive to potential investors, including Telstra’s own infrastructure division. However, InfraCo would need to be demerged in order to buy the NBN.

CORPORATES
TELSTRA CORPORATION LIMITED – ASX TLS,INFRACO,NBN CO LIMITED

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