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.
Elle LoweSenior Manager, Corporate AffairsT +61 2
M +61 424 168 080
Samantha MaslenManager, Corporate AffairsT +61 2 9296 3349
M +61 428 469 566