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Telstra signs $11b NBN agreement

By mike, Jun 23 in blog with 0 comments

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.

There will be no upfront payment, but rather payments over many years, it said.

AAP.

About the author

Mike Andrew has been working with the Internet and small business for over 12 years. Mike has been a keynote speaker at conventions and seminars and conducted social media training sessions all over the world. Mike has an extensive media background having worked in electronic media for over 30 years. Mike specialises in social media and Internet marketing strategy, SEO techniques and search engine marketing campaigns. His articles appear on numerous blogs around the web as well as national magazines.