Monday, September 14, 2009

Telstra Responds to Break-up Proposal

In a press response to the Australian government's separation proposal, newly-appointed Telstra CEO said the company was deeply disappointed the government felt it necessary to introduce this legislation.

"It is Telstra's view that many aspects of this package are unnecessary and need never be implemented if a mutually acceptable outcome can be reached on the National Broadband Network. Telstra supports the Government's NBN vision. We are willing to discuss options around separation," stated Telstra Chief Executive Officer David Thodey.

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