ACCC approves Telstra structural separation

The ACCC has finally approved Telstra’s bid to structurally separate its business, as part of a deal with the Government that will allow the construction of the National Broadband Network.

Telstra plans to separate its retail and wholesale divisions as part of the reforms passed in Parliament.

ACCC chairman Rod Sims says the structural separation was allowed after changes were made to the original agreement put forward by Telstra.

"These changes were made by Telstra following concerns raised by the ACCC, and provides additional assurance that the equivalence and transparency measures will remain appropriate and effective over time," he said in a statement.

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