Australian Government breaks up Telstra

If this had some meat on it, it'd be huge. From what I can tell, however, there is not much of a breakup here aside from Telstra's divestment of its cable and pay television assets.

I want to see the wholesale and consumer data businesses split up, along with Telstra's mobile assets. These should be three distinct businesses; perhaps then we could see some real investment in Australia's fiber network, and some sane options for consumers. I wouldn't hold my breath, however...