Poor old Telecom

[GR81]

nice avatar....maybe you should take a photo of your own bike next time

i like your one much better tho

[Finn]

Hang on a minute. As an unrepentant right wing capitalist, how come you aren't defending the rights of the telecom shareholders? And the right of the corporation to do as it sees fit with its own property, so as to maximise efficiency and wealth creation?

Not so fast Mr Marxist. I would typically apply the principles you so kindly noted, however Telecom does not fall into this category. Telecom has (had) a controlled monopoly and as such fits more into the communist camp where the results are always inefficiency leading to poor service and products which pretty much sums up Telecom.

We never had a "real" choice and soon we will. A free market economy will decide how well Telecom performs.

[madboy]

Never mind that, what about MY bonus!!!!! Staff are already talking about how this will affect their jobs........

Depends, are you as rich as Teresa? Cos good looks can only take you so far, I'm afraid.

[Lou Girardin]

No , his previous posts established him as a right wing capitalist. So I'm just surprised to see him supporting a (admittedly very timid) form of nationalisation and state control. I guess you could say it shows how bad Telecom must be when even the right wing capitalists hate it.

Roger Kerr thinks it's a bad thing.
But then he would, wouldn't he?

[oldrider]

Not so fast Mr Marxist. I would typically apply the principles you so kindly noted, however Telecom does not fall into this category. Telecom has (had) a controlled monopoly and as such fits more into the communist camp where the results are always inefficiency leading to poor service and products which pretty much sums up Telecom.

We never had a "real" choice and soon we will. A free market economy will decide how well Telecom performs.

I agree with you about Telecoms service and charges but have to agree with Ixion's sentiments and consistency on your comment.

I thought the same thing when I read your post and had a wee laugh to myself about that but I do agree that the playing field was never made level and has always been tipped in Telecoms monopolistic favour.

The deal was crap from the start and needed correction!

Has the government acted out of commercial wisdom or just out of the need for political expediency. (vote grazing)

Government should keep their nose the hell out of private sector commercial enterprise.

Government are the reason for cock up in the first place! We need less government, not more.

[Finn]

I agree with you about Telecoms service and charges but have to agree with Ixion's sentiments and consistency on your comment.

Most capitalists are actually very nice people. However, I can't see how I'm being inconsistant by saying I'm happy NZ got what it deserved - that is an open telecommunications market with no monopoly. That's what capitalism is all about. Choice. I am pro choice - let the people decide.

I'm also pro abortion. Helen Clark is a great example although in her case I think the fetus crawled away and lived.

[Mental Trousers]

Share price has dropped from approx $5.54 to around $5.00 flat in less than 24 hours

[enigma51]

I'm also pro abortion. Helen Clark is a great example although in her case I think the fetus crawled away and lived.

[Paul in NZ]

Hmmm....

Sorry, don't agree.

Most capitalists are fine with cheap phone and fast internet until they move out to their country house and get whacked a billion bucks for a connection in the boonies.

I'm sorry, but it costs fecking shit loads to build big networks.

Please don't give me shit about voip and wifi and all the rest, they are great spot applications for small to medium size deployments but don't quite cut it with the volumes that telecom shift.

I'm a Telstra Clear customer on their own copper network on the Kapiti coast. Their service is utterly appalling... Fine if everything works but if you have to report a fault, want to query an account or make a change, good luck! If they went back and started to fix all the things wrong with the network they built I reckon a good professional estimate would be 3 years!

It's not just Telecom! The whole industry has been waiting for answers to exactly the same issues they have. Everyone wants fast and cheap and wants it everywhere but sorry, you can't have all 3...

The most efficient way to get good planned and steady growth in the business is for the govt to run it and plan it properly. The bollocks about how cheap it is to make toll calls now as opposed to when the NZPO ran it is an accident of technology and good timing!

[EZAS]

This is just gonna cause .. the biggest bloody work load for me ... I HATE it when CR*P like this comes up...theres enough congestion since pumping everything upto 3.5mb ... yay .. now everyone gets 7mb ... real cool + half of the idiots don't understand about distance from the exchange which makes things worse.
I'd prefer it if everyone just went to dial-up and stayed on dial-up and left broadband for buisness' only.

[Colapop]

Listen to you lot. I bet you'll be complaining til your balls are blue when Telecom do die and the market becomes truly unregulated like the oil industry - those prices are real good right now!!

[bobsmith]

Not so fast Mr Marxist. I would typically apply the principles you so kindly noted, however Telecom does not fall into this category. Telecom has (had) a controlled monopoly and as such fits more into the communist camp where the results are always inefficiency leading to poor service and products which pretty much sums up Telecom.

I agree with Finn... I hate fucking commies and socialist bastards (which by the way runs the country), and the biggest threat to well working capitalistic country is monopoly.... With monopoly capitalism just cannot work, besides telecom should never have "owned" the lines anyway... bad things happen when a company that provides end services ownes the median for service and the source (ie monopoly) which telecom has... Which is why the national power lines are regulated so that anyone who provides the power cannot own the actual power lines.. (if they did, it would lead to monopoly and you would be paying a lot more for power)

[enigma51]

Hmmm....

Sorry, don't agree.

Most capitalists are fine with cheap phone and fast internet until they move out to their country house and get whacked a billion bucks for a connection in the boonies.

I'm sorry, but it costs fecking shit loads to build big networks.

Please don't give me shit about voip and wifi and all the rest, they are great spot applications for small to medium size deployments but don't quite cut it with the volumes that telecom shift.

I'm a Telstra Clear customer on their own copper network on the Kapiti coast. Their service is utterly appalling... Fine if everything works but if you have to report a fault, want to query an account or make a change, good luck! If they went back and started to fix all the things wrong with the network they built I reckon a good professional estimate would be 3 years!

It's not just Telecom! The whole industry has been waiting for answers to exactly the same issues they have. Everyone wants fast and cheap and wants it everywhere but sorry, you can't have all 3...

The most efficient way to get good planned and steady growth in the business is for the govt to run it and plan it properly. The bollocks about how cheap it is to make toll calls now as opposed to when the NZPO ran it is an accident of technology and good timing!

Totally agree with you unbundeling is not going to change the attitude of company's like telstra whos customer service is the worst!

[EZAS]

Hmmm....

Sorry, don't agree.

I'm a Telstra Clear customer on their own copper network on the Kapiti coast. Their service is utterly appalling... Fine if everything works but if you have to report a fault.

Copper is technology that was used int he 70's + your ont he Kapiti coast ... which means your not in "New Zealand" aka Auckland where we have alternate connections other than just crappy copper lines.

[EZAS]

Totally agree with you unbundeling is not going to change the attitude of company's like telstra whos customer service is the worst!

Then Shift to Maxnet where the prices are more expensive but the Customer Service is the best, always has been, always will be.