NBN Co responds to Telstra deal announcement

NBN Co recently confirmed that negotiations with Telstra on the definitive agreement are progressing well and that both sides are working through the complex detail of the final negotiation and documentation process.

A definitive agreement will give NBN Co access to Telstra’s infrastructure, including important pit, pipe and conduit that will allow more of the rollout to progress underground.

NBN Co CEO Mike Quigley said: “A definitive agreement between Telstra and NBN Co will be good for Telstra, good for NBN Co and good for the country. It is therefore worthwhile taking the time to get the right outcome.

“A deal will lead to less disruption for the community and reduce our rollout costs. It is better for the community and better for taxpayers.”

The deal is not impacting progress in NBN Co’s First Release Sites, which are nearing the completion of their construction phase. NBN Co has been advising communities with Second Release Sites that both the Telstra deal and the ACCC decision on points of interconnect are now being factored into the timing of future rollouts.