TLS 0.00% $3.88 telstra group limited

wireless broadband connection - booming, page-10

  1. 1,752 Posts.
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    Yes h0rc0

    "if the government and ACCC didn't force Telstra to sell access to TELSTRA's network

    What makes you think that it is government's job or ACCC's job to protect TLS monopoly and allow them to rip of the consumer.

    In fact they should do precisely opposite. Government established ACCC to cut down arrogant fat juggernauts to size and try to change their culture and get them to make money by responding to market and customer demands.

    This debate about fiber or wireless completely misses the point. Internet is much more than connection between your place of abode and nearest exchange or nearest wireless tower.
    The backbone is the linkup between major cities and countries, the telecommunications infrastructure, and that is best achieved by fiber optics. And that is where the NBN is a great winner in my books. Their willingness to do the job that the so called telcos failed to do build a national high speed NETWORK.

    Fiber to peoples houses in the cities could have been achieved years ago.
    I recall 10 years ago when they first rolled out Foxtel, the sales guy tried to sell it to me by alluring that: "maybe one day being to use the Foxtel coax cable connected to fiber in the junction box at the corner of our street for high speed internet". Ten years later it is still the same feeble Foxtel replaying arcane movies but no internet access.

    Optus rolled out with great fanfare their fiber up suburban streets, doing it on the cheap, by hanging their fiber-optic cable half way up the power poles. But no broadband was offered using this media. Few years latter I saw them pulling it down again, their Pay TV was abysmal failure and they had to pay rent to electricity people who owned the power poles. That fibre was all there and they pulled it out again. It did not occur to them that it could be used for fast internet instead.

    Telstra wasted hundreds of millions of shareholder funds on foolish overseas ventures.
    They do not deserve protection, they deserve a kick in the back side.

 
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