Telstra Corporation Limited
(ASX:TLS) has submitted a varied migration plan to the Australian Competition and Consumer Commission (ACCC) for approval.
Australia’s biggest telco says the plan is a condition precedent of the revised definitive agreements between Telstra, NBN Co and the Australian Government.
The varied plan will govern how Telstra progressively disconnects its copper and Hybrid Fibre Coaxial networks once the National Broadband Network (NBN) is rolled out.
Telstra advises the varied plan includes changes triggered by the change in Government policy to a multi-technology model for the NBN and the renegotiated NBN definitive agreements.
Telstra reported a record net profit of $2.1 billion in the first half of the 2015 financial year.
