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Question 2 [10 marks) Prior to 1991, Telecom Australia {currently known as Telstral was the only telecommunications services provider in Australia. Following the recommendation of

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Question 2 [10 marks) Prior to 1991, Telecom Australia {currently known as Telstral was the only telecommunications services provider in Australia. Following the recommendation of Davidson inquiry, legislation was passed in 1991 allowing duopolv competition. Optus Communications became Australia's second general telecommunications carrier. it was guaranteed access to Telstra's existing infrastructure on reasonable terms. After 199?, any telecom company willing to purchase a carrier license was allowed to enter the Australian telecommunications market. {a} Based on the topics covered in this unit explain the rationale behind the government of Australia deregulating the telecommunications market? {100 words, 2 marks] (b) Why was Optus guaranteed access to Telstra's infrastructure? Explain. {150 words. 3 marks) (b) To what extent has the government been successful in achieving its objective? Provide a brief explanation using some statistical evidence. {250 words, 5 marks]

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