structural seperation would have GUARANTEED a 33-50% SP fall. BT and Telecom NZ are prime examples.
TLS can build their own NBN or equivalent so this is not such a big issue.
In the paper yesterday one analyst said that TLS would take a 30% hit on profits by 2020 if an NBN is built by another.
2020, do these analysts get anything right?
ceo, page-10
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