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Surely you realise that Telstra does not care about thier customers, Commercial, or Private.
And the Shareholders are the same, all that they both care about is the Almighty Dollar, not caring that Aged Pensioners with Grandchildren, must pay in excess of $70.00 Per month, to allow their Grand children to bitstream Movies, or Video Clips.
Both Groups need at least a rethink on what they are doing to the people who worked, and worked damn hard, to make this country, as affluent as it is today.
I must apologise for the above, instead of Private, it should read PUBLIC
Actually, Anon, I was being sarcastic. If Telstra did organise a debate, or a vote, obviously the consumers wouldn't even be considered to be apart of it. If they were, I bet most consumers would be in favour of a split and that's why Telstra wouldn't allow us to vote. Just shows how much they care, huh?
yeah and if I was a consumer and I got to vote on the stuff I buy i'd probably vote to have $10 per month broadband too.
You sir, are an idiot.
Thank you Mr Tagliaferro, Australia does have someone with the guts to tell it like it is.
Stand-over tactics, threats of dis-membership, confiscation of assets and blackmail. Good stuff Mr Rudd but Australians are a funny mob.
Spin and Con might work with some and we might be slow to wake up to your smash all opponents to your NBN monopoly but the Australian public will awake to your game.
Strange how the only people who have guts, in your eyes, areTelstra shareholders, eh Sydney?
As a consumer it is so much pain to deal with Telstra. When ever I move to new home I have to deal with them and all the time they could not provide satisfactory service and people on the phone blame the computer or software.
If the Telsta could not fix the their system how could they mange phone, mobile, Internet and and other services.
I wanted to brake them up so they do not dominate on the users and small players.
Don't know why they 9shareholders) would bother - the board took no notice of them with exec salary package lasy time. Why would they listen to shareholders on managing the business? That's what the Board is elected to do. The shareholders need to be judicious in their choice when casting their votes for the directors.
Everyone seems to assume that the separation is bad for Telstra and bad for the shareholders. This is not necessarily the case. For a start, stop listening to the ignorant analysts who know nothing about telcos. Look to the performance of similar telcos and the wealth they have generated post separation. They all suffered these doom and gloom warnings that never eventuated.
If I was a shareholder I would be happy with a share split and the quick rise of the retail side would offset any wholesale uncertainty. Compared to the market damage caused by the uncertainty of the current status quo, this is a gift to the shareholders.
Interesting, when Telstra announced their last results, Mr Thodey broke ranks with previous CEO's and spoke outwardly about that taboo "s" word - separation.
After reading his speech I thought, he knows it going to happen and he's readying everyone!
So I don't know about anyone else, but I dont have managed funds with Mutual and for that I am thankful.
If they weren't savvy enough to read between the lines and offload at least some of their investors 500 million shares in Telstra and buy into something less volatile (at least until consolidation occurs, then maybe buy in again) well...
Simon after that brilliant evaluation and optimistic rating I expect you will be placing an order for Telstra shares in the near future?
And after your prior comment, Sydney, I assume you'll be dumping yours in order to get something that 'performs'?
Big Al I never had any.
Oh Sydney...
Now tell him how many zeros are at the end of the Mrs' stash.
Let's start with say a 7 and then add 0000! Feel free to change the first numeral and to keep adding zero's if need be!
Remember too, you started this!
Irrespective of whether the split is beneficial/detrimental to Telstra shares, service to the Australian Public is a first condition that earns Telstra a right to compete on the free market. As it stands, Telstra's effective monopoly on broadband forces everyone to suffer their shocking incompetence as an organisation.
The public stands a better chance of receiving service on-par with the rest of the developed world if ISPs can deal with a competent independent wholesaler, where the industry ins't subjected to a larger Telstra unmotivated by competitive pressure.
But would not the best result for the Australian public be for the government to build their NBN and allow Telstra to operate in competition with it.
To obliterate Telstra by blackmail and confiscation to allow the proposed NBN to be a monopoly seems to fly in the face of all those who for ages have demanded competition without monopoly.
Competition is good for consumers, that's why Telstra should be split into two separate entities. The NBN WILL GIVE EVERY ISP equal access, UNLIKE Telstra. Therefore, competition will flourish. Hear yee, hear yee, TELSTRA MUST BE SPLIT. These greedy SHAREHOLDERS ARE SO blinded by their SHARES that they refuses TO SEE how much CONSUMERS are being RIPPED OFF by Telstra.
Dear Sydney,
Isn't it such a painful thing the truth? Let's see... Who historically paid for a substantial part of the infrastructure Telstra and its shareholders own? The tax-payer. There have been no other similar separations of previous public infrastructure and utilities organisations? (You should check). There has been no forewarning of a separation of wholesale and retail? (You should check) You suggest (really?!) that the tax payer should fund another huge infrastructure build so that Telsta and its shareholders can hang on to the infrastructure that was largely paid for by the tax-payer (let's skip the economics of the privatisation, you wouldn't cope). You suggest the government is a bully and a communist to do what it can to eliminate a practical monopoly and provide better services at lower prices for ALL Australians? You actually think that the government is the only reason for Telstra's share-price? What do you think of a corporation that has so many unfair advantages over the competition and still can't get ahead?
You are in fact nothing but a greedy, self-serving hypocrite who's only concern is his wallet.
The Government already DID build a national broadband network. They called it...
"Telstra".
...Then they privatised it to try to make it more competitive. Unfortunately, monopolistic behaviour has prevailed, and the "competitive test" results are in.
Best course of action is to split out the monopolistic lever: the network infrastructure (which is perfectly good infrastructure). It's a better place to start than spending billions on a redundant infrastructure that just duplicates functionality.
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I wonder if the consumers are allowed to vote?