REG - Telstra Corp. Ld - ACCC authorises amended nbn agreements

TelstraAnnouncement

07/10/2022 07:01

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RNS Number : 1004C  Telstra Corporation Ld  07 October 2022

 

 

 

 7 October 2022

                 Office of the Company Secretary

                 Level 41

242 Exhibition Street
 RNS
MELBOURNE VIC 3000

AUSTRALIA

                 General Enquiries    03 8647 4838

                 Facsimile 03 9650 0989

                 companysecretary@team.telstra.com (mailto:companysecretary@team.telstra.com)

                 Investor Relations

                 Tel:  1800 880 679

                 investor.relations@team.telstra.com

ELECTRONIC LODGEMENT

 

Dear Sir or Madam

 

ACCC authorises amended nbn agreements

 

In accordance with the Listing Rules, I attach a market release, authorised
for lodgement by the CEO, for release to the market.

 

 

 

Yours faithfully,

 

Sue Laver

Company Secretary

 

 

 

MARKET RELEASE

 

ACCC authorises amended nbn agreements

 

Friday, 7 October 2022 - Telstra today announced the authorisation granted by
the Australian Competition and Consumer Commission (ACCC) on 15 September 2022
to enable Telstra and NBN Co to amend their Definitive Agreements came into
force today.

The amendments to the Definitive Agreements enable Telstra's proposed scheme
of arrangement (Scheme) to proceed, and ACCC authorisation was one of the
conditions precedent to the Scheme.

The form of the authorisation is consistent with the draft authorisation
referenced in the Scheme Booklet, released by Telstra on 23 August 2022, and
is in a form acceptable to both Telstra and NBN Co.

Implementation of the Scheme remains subject to shareholder approval at the
Scheme Meeting on 11 October 2022 and final court approval. Please refer to
the Scheme Booklet for further information.

 

 ENDS 

 

Telstra media contact: Steve Carey, General Manager Media

M: +61 413 988 640

E: media@team.telstra.com (mailto:media@team.telstra.com)

Reference number: 074/2022

 

Telstra investor contact: Nathan Burley, Investor Relations

T: +61 457 529 334

E: investor.relations@team.telstra.com
(mailto:investor.relations@team.telstra.com)

 

 

 

 

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