Telstra Velocity fibre rebuild or exit ‘not practicable’ before August 2021 – iTnews

Telstra is still no closer to an “exact date” to either upgrade or offload its residential fibre networks, but says it won’t be before the end of July 2021.
The telco has up until 1 July 2022 to either exit the residential fibre business – comprising its South Brisbane and Velocity networks – or upgrade the networks to minimum NBN specifications.
It was meant to have done so by now – several times – but repeatedly secured extensions.
The latest extension granted by the government will be its …

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