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ACCC clears Optus to scrap HFC network and use NBN instead
The ACCC has cleared, provisionally, the proposed deal between Optus and NBN Co under which Optus is to be paid around $800m to shut down its HFC network and transfer customers onto the NBN. read moreMore From
Telstra shareholders get $2.5 billion payout
Stuart Corner
Sunday, 30 October 2005 13:38
The total payout of $2.5 billion follows the return to shareholders in the 2004/2005 fiscal year of almost $5 billion through ordinary dividends, special dividends and a share buy-back.
In a letter to shareholders sent out with the dividend statement CEO, Sol Trujillo urged all of them to participate in the debate about regulation, saying: "These regulatory issues facing our company, the industry and the broader private sector are important and will determine the future of telecommunications in Australia. We would encourage everyone to take part in that debate - because it is through argument and debate in politics, in the media, and in the marketplace of ideas that people see the whole picture and make decisions about their future."
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