Telstra signs $11b NBN agreement (FTTH at last!)
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Published on 06-23-2011 11:47 AM
Telstra Corporation Ltd has confirmed it has reached agreement with the federal government to progressively disconnect its copper network and participate in the roll out of the national broadband network (NBN).
Telstra said the agreement will deliver approximately $11 billion in replacement revenue, through disconnection payments, and new revenues, through payments for access to its infrastructure.
There will be no upfront payment, but rather payments over many years, it said.
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