The Australian Competition and Consumer Commission has accepted Telstra’s plan for structural separation, which is required for final approval of its participation in the National Broadband Network.ACCC chairman Rod Sims said Telstra had made several changes to the plan to split its wholesale and retail arms, following concerns raised by the watchdog, as the broadband industry moves to a wholesale-only network.To read this ABC News report in full, see:
www.abc.net.au/news/2012-02-28/accc-approves-telstra-separation-plan/3856848Also see:ACCC approval puts Telstra over last NBN regulatory hurdle
Telstra’s participation in the National Broadband Network has cleared the final regulatory hurdle after the competition watchdog said it had accepted the telco’s structural separation undertakings.Julia Gillard will seize on the ruling as a tangible sign of progress in her big-picture plans for the nation, as Labor tries to move beyond its leadership woes of the past week.
www.theaustralian.com.au/business/accc-approval-puts-telstra-over-last-nbn-hurdle/story-e6frg8zx-1226283682370