News

• 1

  Coalition NBN plans won't impact Telstra revenues

  A change in government as a result of the 2013 federal election would will not diminish Telstra’s $2-3 billion excess cash war chest, expected to be generated over three years as the National Broadband Network (NBN) rolls out.

• Telstra wants industry to adapt to NBN

  Telstra's chief executive, David Thodey, says a lot of industries won't know what to do with the National Broadband Network (NBN) once it is rolled out.

• ACCC gives green light to Telstra separation

  The Australian Competition and Consumer Commission (ACCC) has given the National Broadband Network (NBN) its tick of approval with the acceptance of Telstra’s Structural Separation Undertaking (SSU) and draft migration plan.

• Telstra finally signs NBN agreement

  Telstra has finally signed a commercial agreement with NBN Co to enable the telco to sell its services over the Federal Government’s National Broadband Network (NBN).

• Telstra submits final separation undertaking

  Telstra has submitted its final revised Structural Separation Undertaking (SSU) to the Australian Competition and Consumer Commission (ACCC) in the last step in cementing its role in the National Broadband Network (NBN).

• 4

  Customer service still dogs Telstra

  Telstra chief executive, David Thodey, has conceded that progress remains slow on improving the telco's customer service record, despite making it a top priority in the last 18 months.

• Telstra lodges revised undertaking to ACCC

  Telstra has lodged a revised structural separation undertaking with the competition watchdog.

• Sensis digital plans not working out as hoped: Thodey

  Telstra (ASX: TLS) has announced the creation of a digital division after recording a lower than expected takeup of its digital Sensis offering.

• Telstra proposes equal power for ACCC and ITA

  Telstra has proposed changes to its structural separation undertaking (SSU), which the Australian Competition and Consumer Commission (ACCC) and the Independent Telecommunications Adjudicator (ITA) would share equal resolution powers to alleviate concerns that the latter would favour the telco.

• 3

  99 per cent of shareholders vote in favour of Telstra/NBN Co deal

  Telstra shareholders appear to have voted almost unanimously in favour of the $11 billion financial heads of agreement with NBN Co, following two year of negotiations around the deal.

• Telstra expansion must be profitable: CEO

  Telstra chief executive David Thodey says any plans to expand the company overseas would have to deliver good returns to shareholders.

• Telstra submits SSU and migration plan to ACCC

  Telstra (ASX:TLS) has submitted detailed structural separation plans to the Australian Competition and Consumer Commission (ACCC), pending shareholder approval, which it intends to meet by 2018.

• Google taking up Telstra’s network: Thodey

  Search and Cloud services giant Google is responsible for nearly half of all Telstra’s traffic and mobile is data is doubling every year, according to Telstra chief executive David Thodey.

• 2

  Thodey calls for telco unity on customer service

  Telstra chief executive, David Thodey, has issued a call to arms for the telecommunications industry to unite under a single voice, in an attempt to more effectively influence economic and policy influences on the industry.

• Telstra pushes back shareholder vote on NBN Co deal

  Telstra (ASX:TLS) has pushed back an extraordinary general meeting initially scheduled in July for shareholders to vote on its financial heads of agreement with NBN Co, but has continued to advise that negotiations remain on track.