The 2020 Summit was a success for many various reasons such as it raised concerns, sprouted ideas and addressed important issues challenging Australia and it’s future prosperity. In the final report of the Summit, Prime Minister Kevin Rudd was urged to split the wholesale and retail elements of Telstra in order to obtain a competitive market for the Broadband Industry.
It appears that Telstra has fallen heavily into the structural separation line of fire. What makes a possible separation more evident is the fact that not only are Telstra’s competitors calling for a split, highly influential and prominent business people (some of which were in the Summit group) are now also urging the government to perform a structural severing.
The government should assess the case for vertical separation of the network owner from retail carriers and carriage service providers to promote access,” the group’s recommendation in the report said.
source: misaustralia.com
