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Government of Australia

(Federal/State Govt. / Local Govt./Govt. Bodies) Canberra AUSTRALIA
Power News
Australia rules out new Telstra broadband bid    
The Australian government on Monday ruled out allowing the country's biggest phone company, Telstra Corp (TLS.AX: Quote, Profile, Research, Stock Buzz), from rejoining bids to build a national broadband network, saying it would be unfair to other bidders.

"It would be unfair to the other bidders for us to, after the bids had closed, to re-open them to re-admit one of the bidders who had failed to supply all the information," Communications Minister Stephen Conroy told.

Earlier, Telstra said its plan for a national high-speed broadband network had been rejected by a government panel, knocking its shares down to a two-year low.
Government of Australia 's City : Canberra
Government of Australia 's Country : AUSTRALIA
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