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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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From: Frank A. Coluccio	9/15/2009 7:00:43 PM
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Australia Gets Serious About NBN (National Broadband Network), Plans to Split Telstra by Rob Powell \| Telecom Ramblings \| September 15th, 2009 In the spring, the Australian government announced a sweeping broadband initiative bit.ly , dubbed the National Broadband Network or NBN, which would bring 100Mbps to everyone in the country and would initially cost some AU$43B. Since then, there has been much jockeying for position by the various players to agree on precisely how to do it, with incumbent giant Telstra seeking ways to deflect the incoming attack and perhaps turn the situation to its advantage. Well, it didn’t work, it’s hard to imagine Telstra being happy at all right now. Today the government followed up by proposing a sweeping telecom reform bill that does the following bit.ly : * Requires structural separation of Telstra, cleaving the wholesale and network operations from the rest * Lays the regulatory framework for competition while the NBN is created * Strengthens consumer protections, cuts red tape, etc Cont.: telecomramblings.com ------

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