The boards of Telstra Corporation Ltd (ASX:TLS) and NBN Co are likely to approve a 1700-page agreement on the national broadband network today, according to the Australian Financial Review.
NBN Co plans to address fears from Telstra’s rivals that the telco could abuse insider knowledge of its rollout plans.
To combat competitor’s concerns, NBN Co will release plans for each stage of the 10-year project one to three years in advance.
In the first half of the 2011 financial year Telstra generated a net profit of $1.2 billion.
