Telstra Split Law Passed Through Australia Upper House Senate

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  • s4sree
    • Oct 2006
    • 4854
    #1

    Telstra Split Law Passed Through Australia Upper House Senate

    November 25, 2010, 9:02 PM EST By Gemma Daley

    Nov. 26 (Bloomberg) -- Australia’s upper house Senate voted to split Telstra Corp.’s retail business from its copper wire network. The government needed to pass the laws to allow it to build a A$35.7 billion ($35 billion) national high-speed Internet network.

    To contact the editor responsible for this story: Gemma Daley at gdaley@bloomberg.net





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    Tags: australia, house, law, passed, senate, split, telstra, upper
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