Damaged cables could cost Telstra $110M

By

Unions have claimed the problem could cost the telco up to $1 billion in a submission to the Estens inquiry,


Telstra could spend $110 million over the next three years fixing damaged telecommunications cable joints caused by faulty gel sealant.

Telstra MD of corporate and human resources Bill Scales claimed that in 97 percent of the cases the sealant – which caused damage to around 100,000 cable joints - is effective.

Telstra said it had budgeted $75 million over two years to rectify the problem, but said that figure could increase.

Got a news tip for our journalists? Share it with us anonymously here.
Tags:
cablescostcoulddamagedtelco/isptelstra

Sponsored Whitepapers

Optus Enterprise Mobility
Optus Enterprise Mobility
Life After VMware: Scale Securely with mCloud by Micron21
Life After VMware: Scale Securely with mCloud by Micron21
Cut Cloud Costs Without Compromise: Discover mCloud by Micron21
Cut Cloud Costs Without Compromise: Discover mCloud by Micron21
What 4 wholesale distribution challenges aren’t going away anytime soon?
What 4 wholesale distribution challenges aren’t going away anytime soon?
State of the SOC: Building Resilience in a Shifting Threat Landscape
State of the SOC: Building Resilience in a Shifting Threat Landscape

Events

Most Read Articles

Travel eSIMs secretly route traffic over Chinese and undisclosed networks: study

Travel eSIMs secretly route traffic over Chinese and undisclosed networks: study
Exetel fined $694k over system 'vulnerability' for mobile number porting

Exetel fined $694k over system 'vulnerability' for mobile number porting
Optus CEO says attack may have been launched from Europe

Optus CEO says attack may have been launched from Europe
Australian police, banks join forces to monitor leaked Optus dataset

Australian police, banks join forces to monitor leaked Optus dataset
techpartner.news logo
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
"It's an exciting time to be part of the health and aged care sector"
"It's an exciting time to be part of the health and aged care sector"
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Orro claims Australia first with managed digital asset discovery service
Orro claims Australia first with managed digital asset discovery service

Log In

  |  Forgot your password?