Australia: Approval of AUD 40.2 million financial grant to Telstra Limited

Announcement

22 Feb 2024

In February 2024, the Australian government announced a financial grant worth AUD 40.2 million (approx. USD 24.7 million) to Telstra Corporation Limited. The grant was first published on 22 February 2024.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Feb 2024

Revocation date:

No revocation date

Updated: 22 Feb 2024

Financial grant In force

On 1 February 2024, the Australian government approved a financial grant of AUD 40.2 million (approx. USD 24.7 million) for Telstra Corporation Limited. The funds are channelled through the Mobile Bla...