Where to now for long term investors of Telstra, page-3065

The market thinks TLS is wretched.

The money wasted by TLS on FoxTel and the FoxTel losses looks so sinister it beggars belief that it continues. You almost suspect that something is not right but without evidence it just makes no sense.

They continue to charge money to a paltry number of subscribers for content that TLS and NWS continue to poor losses into.

One day we will probably find out why. It does not look rational.

I hope the laws down in Australia are sufficient to deal with the conduct involved.

The managerial expertise obviously does not inspire the market as presumably would the fact that the CEO Andrew Penn has a historical disqualification as a director from a corporate regulator?

Where else in the “democratic” world would a major company have a situation like that?

TLS is becoming one of a kind and IMHO a sad indictment of the corporate culture in Australia.

Something needs to happen IMHO and IMHO it can only be positive because it seems the negatives have been the common situation of late.