hotstocks,
Telstra was in deep shit financially and infrastructure wise when Sol took over.. If they had not have taken the steps that they did, T3 would never have gotten off the ground and Murray would not have anything to complain about..
Instead the Government would still have had all the shares and it would have been Rudd's problem what to do with the company..
I bet that the current FTTP notion would not have seen the light of day in those circumstances and still will not without Telstra..
Do you think that private investors would trust the Government again?? Not without guaranteed junk bond rates attached, they won't..
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