Telstra: will oppose reforms if assets undervalued

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Telstra, Australia's dominant phone provider, threatened on Wednesday to oppose government reforms to the telecoms sector if these plans ended up undervaluing the company's huge asset base. Telstra is in talks with the government over the reforms, which would involve hiving off the company's fixed-line phone assets from the rest of the business and injecting them into a A$43 billion ($39.45 billion) national broadband network.


Telstra: will oppose reforms if assets undervalued