Prime Minister Julia Gillard is urging the Opposition to not delay the Telecommunications Legislation Amendment Bill 2010, or Competition and Safeguards Bill, introduced to Parliament yesterday, warning that "every day of delay for these reforms is a day of higher prices and less choices."

First introduced in September last year, the bill is necessary for the broadband network because it allows NBN Co access to Telstra's pits and ducts, saving construction costs.

Telstra Corp said it supports prompt passage of the National Broadband Network legislation and hopes the swift passing of the Bill will help it finalise its multi billion deal with the Government.

"The changes in the legislation seem designed to facilitate the Heads of Agreement already signed between Telstra and the NBN Co. We don't see any significant changes in the Government's position," said David Kennedy, Research Director at telecommunications analysts Ovum.

"Thodey's statement that the company accepts the legislation, particularly structural separation, suggests that Telstra has now extracted the best possible deal from the Government and the NBN Co. From now on, it will be focused on the implementation of the deal," Mr Kennedy said.

Coalition communications spokesman Malcolm Turnbull said he will scrutinise the bill before the Opposition decides how it will vote.

Telstra share price touched a record low of $2.58 yesterday as the Government and Opposition clashed over the national broadband network. It added 0.4pct to $2.64 today.