Competition authorities in Australia informed Telstra on Tuesday that the company’s plan to separate its wholesale and retail businesses as part of an agreement with the government-owned company charged with rolling out Australia’s national broadband network (NBN) does not satisfy legislative requirements and must be revised. The government-owned NBN Co. is currently deploying an advanced, fiber-optic broadband network that is slated to reach up to 93% of Australia’s population. In June, the NBN Co. forged an agreement with Telstra through which Telstra pledged to (1) shut down its legacy copper-line network, (2) transfer its fixed-line customers to the NBN by 2018, (3) allow the NBN Co. to build along Telstra’s existing ducts and other network infrastructure, (4) structurally separate its wholesale and retail operations, and (5) provide Telstra’s former retail arm and competitors with access to the Telstra network on equal terms during the NBN deployment phase. Although provisions in the agreement pertaining to the separation of Telstra’s wholesale and retail operations are intended to promote transparency, Rod Sims, the chairman of the Australian Competition and Consumer Commission (ACCC) said Tuesday that Telstra would need to provide the ACCC with an “enforceable commitment” that competitors will be treated fairly. Sims further stipulated that Telstra “will need to consider the ACCC’s concerns before submitting a revised structural separation undertaking that is capable of acceptance by the ACCC.” Promising to “work closely with the ACCC to address its concerns,” a spokesman for Telstra voiced optimism that “these issues can be resolved in a way [that is] consistent with our principle of protecting shareholder value.”