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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam Search Search: SCENARIOS-Australia builds Internet network Reuters - 1 hour 21 minutes ago WELLINGTON, Dec 24 - An Australian government panel reviewing bids to build a national broadband network has rejected a proposal from the country's largest phone company, Telstra <TLS.AX>, saying it did not comply with the stated requirements. The winning bid is expected to be selected by end-March, with work to begin in late 2009. TELSTRA BUILDS NETWORK A final decision on the network rests with Minister for Broadband Stephen Conroy. The panel reviewed six bids, but rejected only Telstra's, and will make a recommendation to Conroy in late-January. Conroy could ignore the panel and choose Telstra. RIVAL BUILDS, ACCESS LEGISLATED TO TELSTRA'S NETWORK A rival, at this stage most likely to be Singapore Telecommunications-owned Optus <STEL.SI>, builds the network and the government legislates to forcibly break up Telstra, splitting the network assets into a separate holding company with fixed prices and terms for access to the network builder. This is seen as the most likely outcome if Telstra is left out from building the network. RIVAL BUILDS, ACCESS NEGOTIATED TO TELSTRA'S NETWORK A rival bidder is granted the network and could negotiate terms and prices to access Telstra's infrastructure to build the network. Seen as a possible way for Telstra to avoid a damaging break-up. (For full story, click [ID:nWEL369240] Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Asia Pacific Sleep pods offer respite from HK's frantic pace of life, workAFP - 1 hour 15 minutes ago SCENARIOS-Australia builds Internet networkReuters - 1 hour 21 minutes ago China detains 59 over 'subversive rumours' in Tibet: state mediaAFP - 1 hour 36 minutes ago Vietnam's GDP grows 6.23 percent in 2008AP - 1 hour 44 minutes ago Japan considering sending warship to tackle pirates off SomaliaAFP - 1 hour 51 minutes ago Most Popular – Asia Pacific Viewed US sees no holiday cheer; Russia, China warn of grim 2009 French investor takes life after massive losses in Madoff scandal Housing market feels more pain, bottom not yet in sight Quake zone hero pig named China's animal of the year Actress Jennifer Aniston appears naked in GQ magazine View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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