Telstra Corporation Limited
(ASX:TLS) says it’s happy to work with the national broadband network, but any new broadband deal with the Coalition government must not deliver adverse outcomes to the business.
CEO David Thodey told a retail shareholder meeting that Telstra would allow the government to take control of the massive infrastructure project as part of the $11 billion deal.
The comments come at a time when the project is facing a significant change in direction and the NBN executive team is facing an overhaul.
Mr Thodey says he is agnostic about the right technology for broadband, but says ultimately it’s a decision for government.
Telstra delivered a full-year net profit of $3.8 billion in fiscal 2013
