A long-awaited scoping study into the sale of Telstra was completed today.
The 1100-page report into how to sell the government's remaining stake in the telco giant has been delivered to Finance Minister Nick Minchin.
The document, which will not be released publicly, canvasses how the government can best maximize its 51.8 per cent share in Telstra.
The government gained control of the Senate today, but doubts remain whether the Nationals and even some Liberal backbenchers will support the full sale.
The report took three months to complete by the UBS, Caliburn Partnership, Freehills and Gavin Anderson and Company.
Senator Minchin said the government would examine the document over coming months.
"The report, covering more than 1100 pages, examines the full range of options available to the government in the case of a possible sale," he said in a statement.
"It is an essential part of looking at if, how and when the sale of the government's shareholding in Telstra can achieve an appropriate return for taxpayers.
"The scoping study report will assist the government in making an informed decision on whether to proceed with a sale and, if so, in what form."