NBN Co and Telstra are headed for court in April to battle over consumer-price-index (CPI) adjustments in the companies’ $11 billion agreement on NBN access to Telstra’s monopoly copper network..
The NSW Court of Appeal has scheduled the hearing for April 9-10.
The dispute is over Telstra’s agreement to migrate its customers to the NBN and decommission its copper network, as well as allowing NBN Co access to its pits, pipes and ducts.
The agreement, inked under the previous Labor Government, allowed for CPI increases from the first of January every year after the commencement of the agreement. However, Telstra and NBN Co have disagreed over the precise date that the agreement commenced.
The difference, depending on when CPI adjustments began, is estimated to be worth $200 million over 30 years.
