News Australia

Telstra Corporation Ltd has confirmed it has reached agreement with the federal government to progressively disconnect its copper network and participate in the rollout of the national broadband network (NBN). Telstra says the agreement will deliver approximately $11 billion in replacement revenue through disconnection payments, and new revenues through payments for access to its infrastructure. [...]

Telstra is poised to complete an $11 billion deal with the National Broadband Network in less than a week. Under the terms, Telstra will receive at least $9 billion from NBN Co. to use or rent its infrastructure while the network is being built. Another $2 billion will go towards meeting Telstra’s service needs and [...]