Australia’s Competition Head Lashes Out At Telstra

Law360, New York (July 25, 2006, 12:00 AM EDT) -- Australia’s competition watchdog has blasted Australian telecommunications company Telstra Corp. for stalling negotiations for more than four months over its broadband plan and putting the telecommunications industry at risk.

Australian Competition and Consumer Commission Chairman Graeme Samuel criticized Telstra on Monday for its negotiating methods over its bid for a high-speed network, fibre-to-the-node (FTTN), and claimed the months of delays are contributing to a growing uncertainty in the industry.

Telstra is looking to construct a fibre-optic network for about $3 billion that will provide high-speed internet...
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