Where to now for long term investors of Telstra, page-10199

Agree GR,penn should provide more information on infraco,if i was a holder i would want confirmation of what penn is including in infraco as he has mentioned all tls's assets as being potentially included.As posted i prefer just the nbn agreement and seacables.He should then clearly state how much of infraco he plans to sell ie my guess /hope would be 49%.
Then we come to 26ghz which u have followed as much if not more than myself.As u suggest its a frequency which offers characteristics still beyond application and service developments.So how ever penn allocates this high value spectrum it must be allocated to applications and services that can fully utilize all the characteristics of mmWave now and as far as i am concerned penn should start looking after shareholders and start using such investments ie this spectrum to produce the highest profits. .
Clearly that could include specific health applications and services,maybe specific tls venture investments that require mmWave to introduce to Australia etc.
But absolutely imo only the one obvious investment that 100% requires 26ghz and imo would clearly produce new strong profits would be for tls to build Australia's first esports arena as per the business models in japan,korea,china and tls's ventures 2 esports investments.

For marketing reasons tls/penn may have to allocate some for retail use ie phones etc,but the big dollars will be produced with unique applications and services.ie esport development etc.
My concern is penn dilutes the value of this 26ghz by just including it into tls's applications and services that don't really require the finite mmWave but it sounds good at presentations and thru the media but consumers get confused when tpg and optus market their 5g networks.
Lol yes i'm coming to it,i believe tls needs a new ceo and structure to take full advantage of mmWave as it develops.