i think the $9bn is to LEASE the infrastructure to the NBN!!!!
the lease runs out in 10 years
I wonder what happens then?
does telstra offer to buy the fibre???
here is the original
"In a major breakthrough in protracted negotiations between the government and Australia's largest telco, Telstra will be paid $9 billion to effectively lease its existing infrastructure to NBN Co - the company that will build and operate the network.
The terms of the lease were not disclosed but sources close to the negotiations told AAP the agreement was for a period much longer than 10 years."
extraordinarily good deal!!!
headline deal = $11b, page-14
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