Report on Telstra means sell-off set back
Today’s release of the Besley inquiry outlining the state of Telstra’s services has thrown a spanner in the works for the Federal Government’s plan to sell off Telstra. The report was conducted after the National Party objected to the privatisation of Telstra claiming that current services needed upgrading. According to the report, problems that have plagued mostly rural areas are still continuing and need to be addressed. As a result, Communications Minister Richard Alston says that legislation to sell the Commonwealth’s remaining shares in Telstra will not be introduced until the problems identified in the report are resolved.
‘Damning Telstra report to delay privatisation’, ABC News Online, 12/10/00.