NBN Co appeals CPI ruling on Telstra payments

Thursday 28 August 2014 | 10:39 CET | News
NBN Co, the company building Australia's National Broadband Network, said it lodged an appeal in the New South Wales Court of Appeal regarding the CPI adjustments under its 2011 Definitive Agreements with Telstra. In July, the court ruled that NBN Co must pay Telstra an extra AUD 200 million for access to its infrastructure. The NBN Co said the dispute concerns the correct contractual interpretation of the agreements, and in particular the date from which CPI adjustments are to be made to the infrastructure prices. NBN Co, a state-financed venture, said it took into account the potential

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Categories: Fixed
Companies: NBN Co / Telstra
Countries: Australia
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