The bottom line for me -- we will need very fast Internet in 2030, 2040, 2050, 2060. Because Fibre can deliver data at an extremely fast rate, it would have been a suitable technology for many decades to come. Instead, we have thrown billions down the drain on FTTN. A colossal waste of money -- and WHY?
I guess as Telstra shareholders, we should be glad that Abbott and Turnbull are incompetent. It will probably mean a ton of profit for the company in 2020 when people realise they need much greater speeds than what FTTN can deliver.
Also, I think Ghurka needs to read more on how these technologies differ. A FTTP network would be building infrastructure for decades into the future. FTTN is a short-term technology that is already on the verge of being obsolete. We spent how much on an obsolete technology again? $50 BILLION PLUS? How could any rational person support what Turnbull has done.
Where to now for long term investors of Telstra, page-1091
-
- There are more pages in this discussion • 11,623 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.92 |
Change
-0.030(0.76%) |
Mkt cap ! $45.29B | |||
| Open | High | Low | Value | Volume |
| $3.90 | $3.94 | $3.89 | $82.91M | 21.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 119289 | $3.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.93 | 216910 | 6 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| TLS (ASX) Chart |