Stephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source

In its media release yesterday, Telstra indicated that, while there were some outstanding issues to resolve before this progresses to completion, ‘we believe the proposed transaction is in the best interests of shareholders’. That was signed by David Thodey and Catherine Livingstone. Yesterday Telstra CEO David Thodey was quoted as saying, ‘For two institutions like Telstra and the government to enter into a heads of agreement, we do not do that lightly. We do it with the intention of concluding it.’ (Time expired)