The Government has offered Australia's three mobile operators, and vividwireless, renewal of their existing spectrum allocated on 15 year licences in the late 90s and early 2000s at set prices, while the Government expects to rake in $3 billion.
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Peter Dinham
Tuesday, 07 April 2009 10:25
Telstra not only welcomes the NBN decision but chairman McGauchie says it also welcomes the “opportunity to provide input on the regulatory reform discussion paper.”
He’s quick to point out that “Telstra has publicly advanced the need for high-speed broadband for a number of years and shares the Government’s strong desire to make high-speed broadband widely available to all Australians as a key enabler of economic growth and social development.”
McGauchie also says Telstra supports the Government’s objectives of investment in world-leading broadband infrastructure, an innovative telecommunications sector and healthy competition that provides “real choice for customers.”
Pledging that Telstra will work with the Government to assist with the implementation of its strategy, McGauchie says, however, that the company will remain at all times “committed to ensuring the best interests of our shareholders, employees and customers,” and that the new NBN will have “little short- to medium-term financial impact on Telstra’s business as it would take at least eight years before it is completed.”
What’s more, McGauchie says the NBN announcement does not change Telstra’s forecasts or its guidance for financial years 2008-2009 or 2009-2010.”
Well, it might not change Telstra’s forecasts for the next few financial years, but David Foreman at the CCC says the NBN reforms will certainly change the costs to consumers with a significant effect on prices.
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