Telstra has announced it has lodged a revised Structural Separation Undertaking (SSU) with the Australian competition and Consumer Commission (ACCC) for final approval.

 

Telstra CEO David Thodey said the revised SSU came after multiple rounds of public consultation and the ACCC had publicly indicated Telstra had adequately responded to the issues raised.

 

“I am pleased the ACCC has acknowledged that their concerns have been addressed and I note their commitment to consider the SSU promptly,” Mr Thodey said.

 

ACCC acceptance of the SSU is the key outstanding condition precedent to the finalisation of Telstra’s Definitive Agreements with NBN Co for Telstra’s participation in the roll out of the National Broadband Network.

 

“This further version addresses those drafting issues raised during the recent consultation process that were of concern to the ACCC,” ACCC chairman Rod Sims said.

 

The changes made to the revised SSU lodged in December 2011 include clarification on the operation of the overarching equivalence commitment, and how wholesale customers access reference prices for regulated services.

 

The ACCC does not propose to consult further in relation to this revised undertaking and is now moving to finalise its decision on Telstra’s undertaking which it expects to announce shortly.

 

The final SSU can be found here