The federal government has cancelled the contract for Optus and Elders to build a WiMAX broadband network, the companies say.
Telstra has decided to continue fighting its legal battle with the Federal government over the granting of a $958 million rural broadband contract to the Opel consortium.
Telstra boss Sol Trujillo has bluntly rejected the new Government's proposal for a partnership to build a national broadband network.
The federal government's rural broadband plan is just a "spoiler", Labor frontbencher Simon Crean said today.
Optus has reported a 12 percent rise in first quarter earnings, with an underlying net profit of AU$122 million despite a decrease in mobile termination rates and a decline in off-net fixed telephony revenues.
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