The chief of Australia's competition regulator last night said it was too soon to know what sort of issues would arise if the National Broadband Network Company became another government-owned monopoly telco player in the style of Telstra.
Acquisitions and mergers by the industry's US powerbrokers continued at pace throughout 2006, but locally, offshoring and fibre-optic broadband networks provided the biggest talking points.
An increasingly demanding legislative environment and chronic under-training of staff are threatening even the most well-meaning companies' plans to meet compliance requirements, Professor Allan Fels has warned today upon the release of a new white paper he authored on the topic.
Telstra's main competitor Optus could suffer if Telstra was made to sell its shareholding in pay TV group Foxtel, Communications Minister Helen Coonan said today.
Telstra today rejected calls by the OECD for it to sell its shareholding in pay TV group Foxtel because it was hindering competition. A major report by the OECD released today criticised Telstra for owning a 50 per cent stake in Foxtel as well as its cable TV distribution network, saying it had virtually put the lid on competition in the sector.
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