ACCC bewildered by Telstra's fibre move

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Talkback 2 comments

    Telstra - no FTN Anonymous -- 07/08/06 (in reply to #120139674)

    Great ... communications competition is wide open in this country.

    Sell your Telstra shares ... they have no ideas for the future, no plans to participate in serious broadband, no idea really.

    The one bit of infrastructure they did have retail client leverage in (the twisted pair wire to the home) is being actively discouraged by exorbitant line rentals and the like, they won't commit to improving that one bit of infrastructure they had exclusive leverage in ... and on the horizon we now have technologies that require little in the way of huge investment (802.11n Wireless etc), which can maximise the use of the third party IP pipes (from BT, Southern Cross and the like), can handle the problems of distance and distribution, and offer serious broadband to every door.

    No doubt about these US Wunderkinder. They have shot themselves and Telstra in the foot so many times in their short sojourn that existing shareholders ... who have seen a 30% price drop since their tenure began ... will be holding worthless scrip by the time they've finished.

    Another triumph of ideological (rather than pragmatic) management.

    Regards,

    No sale sell quick! Kieran Foy -- 07/08/06

    Its gunna get worse.Get out now.This mob of gangsters will not sign off on a prospectus.If they do they are going to jail for fraud.That includes you too Helen.You were well informed.

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