
Telstra, NBN Co to sign agreement of USD 9 bln

Telstra is expected to finalise its USD 9 billion agreement with NBN as early as next week, reports The Australian. The documents of the agreement could be examined by cabinet by the middle of the year. Negotiations on the agreement, which will require Telstra to decommission its fixed-line copper network and allow NBN to lease the telecommunications infrastructure to roll-out fibre optic cable, have faced delays and will still require sign-off by the boards of both companies and the federal government befo
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