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Telstra to split into four under new holding company – The Australian Financial Review
“To contemplate a business combination with NBN at a future point in time, it would probably require a more substantive delinking of InfraCo Fixed and the Telstra…

Vertical integration where one company operates multiple businesses that occupy different parts of the value chain, which in Telstras case is its infrastructure and retail segments has long been a sore point for the federal government when it comes to the privatisation of NBN.
Communications Minister Paul Fletcher has previously made clear that the governing legislation prohibits vertically integrated telcos from a tilt at NBN.
NBN declared its infrastructure complete late last year, overcoming…

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