Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Telstra has branded the proposal by seven of its competitors for a jointly-funded broadband access network as "a self-serving plan to rip-off Telstra shareholders and taxpayers".
It claims that the seven companies - Internode, Macquarie Telecom, Optus, PowerTel, Primus, Soul and TransACT - "want other people to carry the risk while they skim-off profits."
Telstra has also criticised the group of seven for the lack of detail in its plan. "What regulatory regime will apply to access terms and conditions to their new network? How have they managed to guarantee a rate of return on their investment to satisfy their shareholders? Or will it simply once again be at the expense of Telstra shareholders?"
"Instead of gaming the regulations and focusing on stopping Telstra from bringing advanced telecommunications services to all Australians, they should focus on consumers, invest their shareholders money in facilities and services they think consumers will buy."
David Bass
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