TransAct latest to leave Terria; remaining members claim exodus is over

28 Oct 2008

Following reports that TransAct has become the third operator to drop out of the Terria consortium earlier this week, the remaining members of the group have claimed that no further departures will take place. The consortium, which is bidding for Australia’s national broadband network (NBN) contract, is now comprised of iiNet, Internode, Macquarie Telecom, Primus and the head of the consortium, Optus. Earlier this month it was announced that both AAPT and Soul-TPG had left the consortium. As the most recent withdrawal, TransAct has claimed that its reason for pulling out of the consortium was to avoid a conflict of interest during commercial negotiations with Terria; the operator will, however, still take part in the tender, bidding for the ACT aspect of the network only.