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.
- Dow Jones has this article
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