Consumers ‘clear winners’ from Telstra split: ACCC

The competition watchdog says Australia’s 16 million telecommunications consumers will be the “clear winners” from greater competition and tighter regulation of Telstra. The chairman of the Australian Competition & Consumer Commission (ACCC), Graeme Samuel, commenting on Federal Government plans to split Telstra’s wholesale and retail arms, has warned that the interests of consumers and Telstra’s shareholders may never be fully aligned.