Telstra + Three for Next G network

Telstra + Three for Next G network. Telstra in Australia has partnered with Hutchison, allowing Three to use it’s Next G network, in areas where the smaller company does not own a network.

The deal comes at a good time for Hutch, who posted a half-year loss of $85 mn, but have strong revenue growth and customer acquisitions.

The new arrangement will allow Hutchison, which is growing faster than Optus and No3 mobile group Vodafone, to compete for customers in 96 per cent of the country by the second quarter of next year. Hutchison will also build its own network to another 4 per cent of the country, taking its coverage to 60 per cent of the Australian population.

(source)