ACA: ACA preliminary assessment of Telstra's $1.8b Un Universal Service Obligation claim.

0 Comments | M2 Presswire, July, 1999

M2 PRESSWIRE-30 July 1999-ACA: ACA preliminary assessment of Telstra's $1.8b Universal Service Obligation claim (C)1994-99 M2 COMMUNICATIONS LTD RDATE:300799 The Australian Communications Authority (ACA) today announced that it had reached a preliminary view on its assessment of Telstra's $1.8 billion claim for providing the Universal Service Obligation (USO) in 1997 - 98.

The ACA has assessed the amount at $580,208,911. The preliminary assessment was based on an ACA Determination made in September 1998 setting out the methodology for calculating the net universal service cost (NUSC). This methodology was developed over a number of years, and agreed to by Telstra, C&W Optus and Vodafone. Dr Bob Horton, Acting Chairman of the ACA, said, "The preliminary...