hta - almost up 15% today!!, page-13

re: hta - 3g developments Hi extralite,

One of the points that I made back on 15th April concerned Six Sigma.

This week's capital management initiatives owe much to Stanhope's work on Six Sigma.

My comments back then:
"In 12 months time, Telstra's share price will be much higher than it is today, but a lot of that will have to do with the success of Stanhope's Sigma Six programme".

I also went on to suggest that each of the following needed to be dealt with:
1)
overseas expansion on hold (now seems likely, but query NZ - refer The Australian, 24/6)
2)
Reach and Hong Kong asset position further clarified (last week);
3)
3G question to be resolved (refer The Australian, 24/6);
4)
further CAPEX reductions (ditto, including Marconi's network transmission deal, worth $300M over 3-years, but with significant ongoing cost savings to TLS - refer The Australian, 24/6);
5)
more outsourcing (????);
6)
increased political rhetoric (????); and
7)
less political interference (????, but note the Senate report has now been further delayed - 4th time - to August),
amongst others.