NBN Co Eyes Telstra South Brisbane Fibre

14th September, 2011 - Josh Taylor

Telstra's controversial South Brisbane fibre network may potentially be sold to the National Broadband Network Company (NBN Co) as part of the $11 billion definitive agreement between the incumbent telco and the government wholesaler.

Telstra moved to replace its copper network to some 20,000 homes in the South Brisbane area with fibre optic cable following an agreement with the Queensland Government to close the South Brisbane exchange and sell the land to the government for a new hospital. In June, the telco began switching on services for customers, and the whole upgrade is expected to be completed by the end of 2012.

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