TLS 2.12% $3.86 telstra group limited

three cheers for sol trujillo, page-6

  1. 642 Posts.
    If you want to think about it the original float was a dogs breakfast. All these details such as operational separation should have been worked out before floating T1. That way shareholders (and management as well) would not have been mislead as to exactly the type of business that they would be buying into (or running). It's a betrayal of the govt to slap as much red tape as they can on the business AFTER they have floated it to the public. It seems like they have got their money and are happy to kick it in the teeth, without any regard for the shareholders.
    Furthermore, by floating it fuly the first time around, the company would have been better equipped to handle today's circumstances. That is, as a private company competitive forces would have driven the company to fix their network, and they would have to offer better products and services to compete, due to not having the legislative protection that they are given as a public monopoly. If they were fully privatised all in one go all those years ago then they would have transformed from child to teenager if not adult, rather than still being in primary school not knowing how to deal with a whopping dose of competition which they are getting now. And they certainly aren't going to get a breather anytime soon.
    They have a monopoly??? No they don't! They have an ailing copper network, whilst all their competitors are establishing brand new networks (wireless setups, 3G networks, better mobile services, VOIP, ADSL 2+, fiber optic networks, BPL) with better technologies and better prices. Bye bye Telstra, even if you transform, consumers won't be so forgiving for all those years of $30 line rental a month you have mercilessly squeezed out of people. They're doomed in every way! And, in my opinion they deserve every bit they get!
 
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