Australia: Telstra Fiber Sorely Tested
Michael Sainsbury and Chris Jenkins write in Australia IT:
Telstra's $5 billion residential fibre network appears fated to be put on ice after Communications Minister Helen Coonan rebuffed the company's plea for new legislation to protect its plans.
Without such certainty, the company said, it would pull the plan and accelerate the roll-out of a new high-speed mobile phone network instead.
The telco renewed its attack on regulations yesterday with a 2 1/2-hour briefing in Sydney, claiming restrictive competition rules would wipe $6.1 billion off its value over the next 10 years.
posted by Fergie @ 12/01/2005 01:04:00 PM
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