Telstra, the main Australian mobile carrier was ordered to split up by the country’s government, or suffer pretty serious consequences. This decision has been reached because of the company’s anti competitive behaviour, that might result in a $8.6 million fine or other serious sanctions.
The breakup order is to be followed by Telstra, or the carrier loses all right for spectrum acquisitions and it’s forced to sell off its cable television segment, plus 50% of its satellite operator (Foxtel) stake.
We remind you that Telstra is Australia’s greatest wireless provider, so this decision will certainly be good news for rivals like Optus and Vodafone.
[via Engadget Mobile]
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