Government bottom line hit by $100b
http://www.news.com.au/heraldsun/story/0,21985,24993610-662,00.html
When the other sponges realise there will be NO money for NBN then they will run a mile. You will not see them disappear, just feel the breeze as they leave.
This whole telco environment is stuffed. It is a real pity there is no real competition as the rest will not invest but just sponge off TLS. Unfortunately the only way to entice spend by the sponges is too offer free taxpayer $$$.
What a scene, incredible to be in this.
I blame the Gov't who sold TLS and the ACCC with their decronian comp policies. We are 10 years behind Europe and the US.
When they finally sell Australia Post and any other Gov't entity EXPECT the same. This and the past Aus Gov't could not make a decision to escape from a wet brown paper bag.
PATHETIC!!!
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