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.
The ALP has announce plans to pour up to $2.8 billion of public money into a FTTN network, to be built jointly with telecoms carriers, and to introduce legislation that will create certainty for investors and guarantee equitable access for other service providers.
Few details of the plan were revealed in the announcement. The ALP said: "A Beazley Labor Government will draw on the $757 million Broadband Connect program and provide an equity injection from the $2 billion earmarked for the Communications Fund to deliver the public funding of this partnership with the telecommunications sector."
It promised to I"mprove regulatory settings to encourage private sector investment on a pro-competitive basis" These reforms would be overseen by Infrastructure Australia, a new national infrastructure advisory council that would be created by a future Labor Government.
The ALP said these reforms would include structural separation between infrastructure owners and broadband retailers and investment certainty for joint venture partners through prospective access terms and exemption from Part XIB and XIC of the Trade Practices Act – to deliver the incentives for private companies invest.
David Bass
| ComOps, a leading Australian provider of business software products and services, has won a competitive tender to deploy its Salvus safety, r…
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