Telstra shareholders may face a second round of voting if the $11 billion deal between the telco and NBN Co isn't finalized before the company's annual general meeting on October 18

 

The deal between the two companies would see the NBN Co fund the upgrade of Telstra's aging copper network while maintaining rights to use the company's infrastructure.

 

The deal between NBN Co and Australia's largest telecommunications provider must be authorized by both the Federal Government and the Australian Competition and Consumer Council to ensure that competition practices are followed.

 

The news of the possible delay comes as a number of NBN executives, including CEO Mike Quigley, will be obliged to answer to a Senate hearing regarding systemic corruption of Alcatel, where they were previously employed.