Telstra preemted the outcome of a court case it had today and said it was going to plea guilty when in fact it didn’t.
Bigpondnews.com reported this morning that Telstra, its sister company, would likely plead guilty to allegations by the ACCC that is was misleading and deceptive in telling wholesale customers that several telephone exchanges were full when they weren’t.
Wednesday, August 05, 2009 ยป 08:33am
Telstra is likely to admit to allegations brought by the Australian Competition and Consumer Commission (ACCC) that could lead to a $300 million fine.
Telstra is accused of misleading and deceptive conduct by telling its wholesale customers that seven telephone exchanges were full when they were not.
Analysts say Telstra’s competitors are likely to use the admission to argue that it should be separated up to prevent such conduct.
The irony in all of this is that Bigpond has an interest in Telstra as it is apart of the one company.
A Telstra spokesperson indicated to Tech Wired that it had either accidentally syndicated the article or based it off of a report in the Australian Financial Review that Telstra would admit it was guilty of wrongdoing.
The article has since been removed.





