"1. mandated access to Telstra networks: a key part of our strategy involves deploying next- generation networks and services, including our Telstra mobile network. Regulatory change may require us to allow competitor access to our next-generation networks and services which could materially adversely affect our investment returns, earnings and financial performance;
2. access pricing: we are required to provide certain services to our competitors using our networks at a price determined by the Australian Competition and Consumer Commission (“ACCC”). In many cases we believe the ACCC proposes prices that are below our efficient cost of supply. The ACCC’s setting of regulated prices could have a material impact on Telstra. There is no right to a merits review of ACCC decisions to require access or set prices and the ACCC may hold a public inquiry at any time into whether to mandate and regulate competitor access to our networks;"
These two reasons are just some of the problems faced by Telstra going forward.
Ring your local member and the ACCC and voice your disgust that they are able to tell business owners how to run their business.
TLS Price at posting:
$2.81 Sentiment: None Disclosure: Not Held
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