TLS 0.39% $3.87 telstra group limited

re: nbn network

  1. 507 Posts.
    A very interesting article in today's Australian, written by Jennifer Hewitt, which details what everyone has been saying for the past month and Rudd/Conroy just cannot see..

    Firstly, the building of this network is overly ambitous and the $43 billion cost seriously questioned..

    Secondly, If this project ever gets off the ground, Telstra has to have a majority interest in the beginning and probably full ownership at the end..

    So, contrary to some opinion, Telstra still has a lot of negotiating power/opinion with the Governement.. Hence all the whinging already commenced by Optus..
 
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