Telstra's public policy and communications representative 'David Quilty' has stated that the telco is not considering legal action against the Federal Government after being booted from the NBN tender process.

Speculation has emerged stating that Telstra would seek compensation claims in excess of $80 billion from the Government if another proponent was to win the rights to build a national broadband network which accessed Telstra's existing copper network.

Senator Conroy has withdrawn from making any hypothetical remark on the possibility of compensation claims by Telstra, although he did point out that Telstra had already brought the access issue before the courts (unsuccessfully). 

"In fact, Telstra decided to take this matter all the way to the High Court,"

"Even (chief justice) Michael Kirby joined the other six members to say that when Telstra purchased the network, they purchased it with an access regime in place. Get used to it,"

Telstra is certainly showing signs of backing down, however Mr Quilty once again stood behind his company's ongoing broken record excuse that 'puts their shareholders first'  by saying that Telstra were unable to submit an extensive NBN proposal through fear of vertical separation which is something that Telstra cannot contemplate.

Quilty also played down any possibility that the board, including chief executive 'Sol Trujillo', faced uncertain futures following their ballsup with the whole NBN process that witnessed billions wiped from Telstra share prices which infuriated Telstra shareholders.