Telstra Dismisses Rivals’ Alternative Network Plan

Law360, New York (April 21, 2006, 12:00 AM EDT) -- Seven rivals of Telstra Corp. mapped out a proposal on Friday to collaborate with the top Australian telecommunications company to develop a $2.2 billion high-speed network, but Telstra said it had no interest in participating in what it described as a “self-serving stunt.”

Telstra, which is in the process of constructing its own $2.2 billion high-speed network, said its competitors are capable of developing their own network.

Prepared to seek government support and intervention from the competition regulator if needed, the group of rivals was rallying...
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