Communications Minister Stephen Conroy today signalled he was unmoved by statements from the Terria telco consortium that the global economic crisis had forced it to seek alternative funding for its national broadband network bid.
Soul Telemedia has hit back at claims that a number of its workers have not been paid entitlements after the company shifted some of its functions offshore, after the departure of former CEO Michael Simmons.
Competitors for the national fibre-to-the-node network tender had their last chance to submit the required AU$5 million bond to the Federal government late last week, with Macquarie yet to confirm its entry into the race.
If Telstra wins the national fibre-to-the-node broadband network contract without an operational separation condition, innovation in the telecommunications industry and the engineering community will take a hit, according to Optus chief Paul O'Sullivan.
Broadband prices under a Telstra-owned national fibre-to-the-node (FTTN) network could rise by up to 15 per cent, a report commissioned by the Competitive Carriers Coalition (CCC) has concluded.
The inference that Soul, AAPT and TransACT were Dead Telcos Walking long before their withdrawals were announced makes me wonder whether Terria has always been, God help us all, just as flimsy a proposition as Telstra has made it out to be.
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