The Coalition recently surprised tech punters by changing tack and supporting Telstra’s structural separation. But is it party pragmatism or a sign of Turnbull’s growing power within the side that once disowned him?…
…Unfortunately for the Coalition, the telco industry was firmly against Telstra’s firm grip on the market. Even its junior partner, the National Party, held mixed feelings on the issue and spoke in favour of separation.
Its last bastion of support fell when Telstra saw the writing on the wall and negotiated its way into a massive $11 billion settlement. On October 20 it came to a head as the telco threw its weight behind the Government in a supportive press statement.
You can read the full article on ARN here.