Telstra and SingTel signs key NBN deals worth $11.8bn
Australia’s National Broadband Network received a significant boost with the news that the operators Telsta and SingTel have agreed major deals to transfer parts of their networks to the NBN. As part of the deal, the state owned NBN will pay Telsta $11bn for its copper network, while the SingTel owned Optus network will receive $800m to move customers from its fibre optic network, freeing up its infrastructre for the NBN.








