TLS 0.00% $3.82 telstra group limited

sovereign risk, page-3

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    Nelson,

    There is another way of looking at this situation.

    We may have a situation where a monopolistic public company is failing to develop telecommunications infrastructure to protect its position of market dominance. The government of the day has correctly judged this failure to be a threat to the future prosperity of the country, and has taken action (well executed or not you can judge for yourself) to address this threat.

    Pardon me if I dont weep tears of blood when this company and its shareholders cry foul.
 
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