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Media release

Mallesons assists Telstra to close Australia's NBN deal

Mallesons Stephen Jaques has acted as key advisor to Telstra on the Australian Government's $11bn National Broadband Network (NBN), the largest infrastructure project in the country's history.

Telstra signed a deal with the Government on 23 June 2011 which allows NBN Co to use existing Telstra infrastructure. Mallesons was a key strategic advisor to Telstra, offering the largest legal team to advise on all aspects of Telstra's negotiation of network shutdown, migration and infrastructure-sharing arrangements with NBN Co.

The Mallesons team was led by ten partners and included almost 100 of the firm's lawyers.  The key advisors were partners:

Neil Carabine
Renae Lattey
Cheng Lim
Trish Henry
Nicole Heller
Justin Cherrington
Scott Heezen
Alison Lansley
Tim Bednall
Andrew Norman

Cheng Lim said the deal will reshape the telecommunications industry in Australia and is the most important project to Telstra's future.

He added: "It was a groundbreaking and immensely complicated transaction, with real challenges in managing complex contractual risk allocations in a heavily regulated environment."

Will Irving, the Group General Counsel of Telstra, said: "No other firm had the depth of talent and experience to be able to do this in a transaction of this size and complexity".

The next step is seeking ACCC and shareholder approvals for the transaction.

 

Media enquiries:

Elle Lowe
Senior Manager, Corporate Affairs
T +61 2 9296 3730
M +61 424 168 080​