re: alinta - uec sale
It is a strategic decision for Optus to buy UEC. It does not want a third competitor on equal terms. If Optus take UEC out then you have two big players against a few toddlers.
Be that as it may, I actually would be happy if Atlinta held on to UEC for another year and had some sort of merger with Powertel on reasonably equal terms. Then we would have a share of a company that would be a Virgin to the Qantas and Ansett of the communication community. Then we would have some fun.
Also I thought the forward projetions in the half yearly report were very modest and expect at least 20% more EBIT than was promised. This is based purely on the trend of the figures.
