TLS looking at renewable energy for customers and positioning itself to purchase NBN

Telstra plans biggest restructure since privatisation, push into renewable energy,
By business reporter Gareth Hutchens Posted Thursday 12 November 2020 at 5:54pm, updated Thursday 12 November 2020 at 7:00pm.
Telstra has revealed dramatic plans to split into three legal entities, amid widespread speculation it is positioning to buy the National Broadband Network in coming years.Key points:Telstra's boss says this is the company's "biggest and most complex" restructure since privatisation includes plans to re-sell cheaper renewable energy to customersThe target date for completion of the restructure is the end of 2021The company is also investigating ways to push into renewable energy, with plans to exploit its renewable energy investments to re-sell cheaper energy to its customers.Andrew Penn, Telstra's chief executive, said it was the company's "biggest and most complex" restructure since privatisation.He wants the restructure completed by the end of next year.Under the proposal, Telstra would split into three separate legal entities which would operate under an umbrella Telstra Group:InfraCo Fixed — to own and operate Telstra's physical infrastructure assets (ducts, fibre, data centres, subsea cables and exchanges) InfraCo Towers — to own and operate Telstra's physical mobile tower assets.
ServeCo — to own and operate Telstra's retail business.