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Surely what should happen is that the government retain ownership of the infrastructure (both cable & copper) and then sell off the rest of Telstra to the highest bidder.
That way Telstra can compete with all other existing communication companies and others may emerge, the infrastructure can then be used (bought) by all companies, supplied by the government at the same rate to all players.
The government can then use any money made on the deal to ensure that every Australian has the same access abilities regardless of where they reside.
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Telstra's continued overlapping of networks to block competitors is just a gross waste of their share holders money. It has got to the point where it is crippling Telstra decision making, where any change in one network adversely affects other duplicate services (just different provisioning methods). With management continuing to fumble about and creating a company that is utterly incapable of operating in a competitive enviroment, the long term ramifications of which could be a disaster for it's share value. Management seems to have got to the point where the only solution they can come up with for all of the problems they have created is "better marketing". Better marketing to who their customers or their suffering share holders.