[AusNOG] Just in - Regulatory reforms aimed at breaking up Telstra

[James Spenceley]

You know, I keep checking that the date isn't 1st April

:-)

--
James


On 15/09/2009, at 10:21 AM, Paul Brooks wrote:

> http://www.smh.com.au/business/reforms-pave-way-for-telstra-breakup-20090915-fof0.html
>
>
> Reforms pave way for Telstra break-up
>
> September 15, 2009 - 9:58AM
> The Federal Government has announced a package of reforms to  
> telecommunications regulations that will pave the way for a break-up  
> of Telstra.
>
> Communications Minister Stephen Conroy said the reforms would  
> address the telco's high level of integration with the aim of  
> promoting greater competition and consumer benefits.
>
> and....
>
> http://www.minister.dbcde.gov.au/media/media_releases/2009/088
> From Conroy's press release:
> These reforms will drive future growth, productivity and innovation  
> across all sectors of the economy by:
>
>     * addressing Telstra’s high level of integration to promote  
> greater competition and consumer benefits;
>     * streamlining and simplifying the competition regime to provide  
> more certain and quicker outcomes for telecommunications companies;
>     * strengthening consumer safeguards to ensure services standards  
> are maintained at a high level; and
>     * removing redundant and inefficient regulatory red-tape.
>
> “For years industry has been calling for fundamental and historic  
> micro-economic reform in telecommunications. Today we are delivering  
> this outcome in Australia’s long term national interest,” Senator  
> Conroy said.
>
> Telstra is one of the most highly integrated telecommunications  
> companies in the world across the fixed-line copper, cable and  
> mobile platforms.
>
> “The reforms address the structure of the telecommunications market  
> and provide Telstra with the flexibility to choose its future path.”
>
> “It is the Government’s clear desire for Telstra to structurally  
> separate, on a voluntary and cooperative basis.”
>
> Another interesting week!
>     Paul.
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