What is the impact of the Heads of Agreement between NBN Co & Telstra?
If the Heads of Agreement are formalised, the two largest benefits for NBN Co are likely to be: • a saving in CAPEX as NBN Co will gain access to Telstra’s physical infrastructure (including ducts, pits, exchanges and backhaul) to roll out the new fibre optic cables, thereby reducing the need to duplicate infrastructure; and, • an accelerated migration of customers to NBN Co’s network and therefore an increase in the revenue of NBN Co. The agreement with Telstra improves NBN Co’s business case and reduces the total costs to build for NBN Co.