Telstra statement clarifies report of $9bn NBN Co deal

Telstra statement clarifies report of $9bn NBN Co deal

Telco claims Telstra board has not yet agreed to package of agreements with NBN Co

Telstra has issued a statement to the ASX, claiming an article in The Australian newspaper is misleading, and that it has not yet signed a deal that was expected to be finalised today.

According to the statement, Telstra cites a June 17 (page 2) story in the newpaper that claimed that Telstra “was last night expected to sign a $9bn deal with NBN Co.”

The ASX statement by Telstra states that negotiations with NBN Co and the Government are in an ‘advanced state,’ but the package of agreements has not been considered or agreed to by the Telstra Board at this stage.

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