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Australian Government to buy Telstra copper network

Australian Government to buy Telstra copper network

The Australian Government has negotiated a deal with Telstra to buy their entire copper network for $11 Billion. The deal is awaiting shareholder and regulatory approval. Telstra will decommission its monopoly of copper cables and make room for the Australian government’s fiber and move its customers to the new fibre 100Mbps National Broadband Network (NBN). […]

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