Release of Telstra-NBN agreement in doubt

 

No commitment.

Telstra has cast fresh doubts over the anticipated release of its $11 billion heads of agreement with NBN Co in time for the telco's annual general meeting on Friday.

The telco had been expected by the Communications Minister Stephen Conroy to release the draft text of the agreement by November 19.

But Telstra has never formally commented on a release schedule – and time was running out for the alleged commitment to be met.

"Telstra has not committed to release the full draft agreement," a spokesman for the telco told iTnews today.

The telco has also pushed back the timeline to seek shareholder approval on the deal to "late June 2011", several months later than first anticipated.

Even without the release of the draft agreement, Friday was shaping as potentially a big day for the release of documents relating to the National Broadband Network.

Greens Senator Scott Ludlam has indicated his party will seek to force the Government to release the NBN Co business plan and the Government's response to the $25m NBN implementation study using Senate processes.

"We'll be demanding that the Minister [Stephen Conroy] table both of those documents before the end of this week," Ludlam told the ABC's AM program yesterday.

Copyright © iTnews.com.au . All rights reserved.


Release of Telstra-NBN agreement in doubt
 
 
 
Top Stories
Microsoft confirms Australian Azure launch
Available from next week.
 
NBN Co names first 140 FTTN sites
National trial extended.
 
Cloud, big data propel bank CISOs into the boardroom
And this time, they are welcome.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
In which area is your IT shop hiring the most staff?




   |   View results
IT security and risk
  25%
 
Sourcing and strategy
  12%
 
IT infrastructure (servers, storage, networking)
  23%
 
End user computing (desktops, mobiles, apps)
  13%
 
Software development
  26%
TOTAL VOTES: 236

Vote
Would your InfoSec team be prepared to share threat data with the Australian Government?

   |   View results
Yes
  62%
 
No
  38%
TOTAL VOTES: 74

Vote