- Jul 22, 2005
Communications minister Stephen Conroy has put the Government on a collision course with Telstra, warning the telco giant to split its wholesale and retail arms, or face business restrictions.
The major reforms to the telco giant's structure and operation were announced today as the Government geared up to roll out its $43 billion National Broadband Network and move Telstra towards becoming part of it.
The Government is moving to restructure the sector to pave the way for the rollout of the network, which it plans to build in the next eight years.
Senator Conroy says the changes to Telstra's structure will increase competition by driving prices lower and giving consumers better protection.
Something our government should have done with Telkom ages ago.