I believe it is now inevitable that TLS will be structurally separated.
The Copper network etc will subsumbed into NBN....$21B
which is 49% of $43B
TLS shareholders will be issued with shares in NBN
There are over 1.2M TLS shareholders; that is a good electoral weapon.
The next step will be the NBN CEO appointment.........
watch..........
Michael Roberts, ICANN's outgoing president and CEO
tls nbn
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