How come there aint any threads over this already?
Telecoms days of monopoly are over http://stuff.co.nz/stuff/0,2106,3656403a10,00.html
Kiwi back at home!
How come there aint any threads over this already?
Telecoms days of monopoly are over http://stuff.co.nz/stuff/0,2106,3656403a10,00.html
braaap
the great day has come finally
He who makes a beast out of himself
Gets rid of the pain of being a man
I like bikes
Firstly halle f'in lujah, the bitch is dead
Secondly your thread title is a bit bland- Telecom can suck my big one would have gone down better I feel :P
I like the way the govt decided in the morning and telescum knew by mid afternoon. Spose thier lobbying guys couldnt stop it this time (not enough bribes to the right minister I reckon) but they could still squeal to the bosses
Be interesting to watch the stocks plummet like the Titanic tomorrow when the stockmarket opens- its already lost 33pts in the aussie market. The Slingshot/Ihug guys etc will be in very late tomorow on account of the massive hangovers from tonight
"Not one day that we are here on this earth has been promised to us, so make the most of every day as if it was your last, and every breath ,as if it were the same"
Kiwi back at home!
cow poos prob wont understand this title so hopefully the thread will stay on track for a bit.Originally Posted by Storm
Very interesting how Telescum found out the info so fast.
Forum whore
about bloody time too! now maybe we'll not get so arse raped over pricing and packages!
You can't fight sleep.. if you feel tired, stop and rest!
I like bikes
Well, when you have had a 700million odd profit for who knows how many years, you can afford to "tip" a little here and there into the pockets of those secretary types who are in the background at these govt meetings
PS I see your point re cowpoos, I retract my earlier comment
"Not one day that we are here on this earth has been promised to us, so make the most of every day as if it was your last, and every breath ,as if it were the same"
Easily ammused
Don't be alarmed, but I don't think this'll make too much difference. Telecom WILL price the competition out of the market. They don't have to fund the investment like their competition will.
Some things are worth dying for, living is one of them.
Kiwi back at home!
Includes clauses to prevent a monopoly playing others out of the market according to the boffin on the tv
Fair weather rider
Don't get too excited yet ... In England they unbundled the local loop and some people ended up waiting months for services. Everyone was blaming everyone else (usually BT), and they were saying it was nothing to do with them, blah blah.
Best idea is for wireless technologies to be developed further. If we had a 3rd player in the wireless market (Telstra build something!), then mobiles should cost less and you wouldn't have to worry about local loops.
Kiwi back at home!
Who are the two you are reffering to? I am on wireless with Iconz, and theres whoosh pretty sure some others about as well.
802.16 or WiMAX whould provide a cheaper and nearly as fast alternative to the wired access that telecom has had control over, in fact this is being rolled out for rurla and sparsley pop areas already in NZ
needs to work harder
The cabinet had been planning to force Telecom to unbundle - they were going to announce it as part of the budget. Finally. However some soon-to-be-unemployed halfwit felt fit to leak the papers to beloved Telescum themselves.
So the "part of the budget" bit was scrapped and got turned into "right now".
http://stuff.co.nz/stuff/0,2106,3656403a10,00.html
Wiping THREE QUARTERS OF A BILLION DOLLARS off their market capitalisation. The rest will have to wait until the markets open here.
So, if you're one of the smug cnuts with Telecom shares I'd like to say "haa haa" and suggest that you might be wanting to sell that beemer about now.
Dave
braaap
He who makes a beast out of himself
Gets rid of the pain of being a man
Forum whore
fucken telecom arseholes , its about time
needs to work harder
Damn. Sorry.
Dave
Forum whore
I'll believe that snake is scotched when I see it filletted.
Telecom will tie this up for decades in the courts. Even if (which I doubt) the gubbermint goes through with it. This capitalist government is bought and sold to the likes of Telecom, the dog won't turn on its master.
Interesting though, that the markets value the monopoly at $750million. Even at a 20:1 multiplier that makes nearly $40 million a year that Telecom having been gouging the oublic for.
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