Telstra And NBN Co Have Signed Off On Their Historic Deal

As expected, Telstra and NBN Co have signed a historic agreement worth $11 billion, paving the way for NBN fibre to be rolled out through Telstra's ducts to Australian homes. The deal also makes it harder for the opposition to roll back the network should they come into power at the next election.

While both Telstra and NBN Co have signed off on the deal, it still needs the approval of Telstra shareholders and the ACCC before being firmly cemented in place.

The details of the agreement are still being digested, but expect to hear more about it as the day rolls on...

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