NBN Co hires former Telstra contract negotiator, Greg Adcock
- 07 November, 2013 09:08
Another ex-Telstra employee has joined the NBN Co leadership team with Greg Adcock becoming the new COO.
Former COO, Ralph Steffens, will step down and leave the company after two years in the post.
Adcock racked up 20 years at Telstra and was most recently working on the definitive agreements between NBN Co and Telstra. In a statement, NBN Co outlined that this time, Adcock won’t be involved in any re-negotiation of the $11 billion deal between the two companies.
Since Ziggy Switkowski's executive chairman appointment in October, it seems more former Telstra executives have secured jobs at NBN Co, with the latest being JB Rousselot, who is heading the NBN's strategic review.
On November 8, Telstra and NBN Co are due to face-off in court in a $100 million dispute involving two conflicting ideas on when CPI adjustments should start to apply.
It is understood that Telstra thinks it should have come into effect from January 2012 because the NBN agreement was signed in June 2011, but NBN Co thinks it should occur as of January 2013 because the Structural Separation Undertaking (SSU) was finally accepted in March 2012.
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