Telstra pledges support for Australia's NBN

Telstra's relationship with the Australian government has never exactly been warm, especially when it comes to building the country's proposed Next Generation Broadband Network (NBN). However, the company's still-new CEO, David Thodey, yesterday said Telstra shares the government's vision to build a National Broadband Network.  

But, Thodey said, although Telstra wants to cooperate with the government to help build the $43 billion Fiber to the Premises (FTTP) network, the plan would have to prove it can create a healthy return on investment (ROI). This cooperation is a far cry from past battles between Telstra and the government, which previously turned down the company's proposal to build the NBN.  

For more:
- Dow Jones has this article 

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