Not long till agm.You trust both sides of govt far more than I...

Not long till agm.
You trust both sides of govt far more than I do.
I referenced howards 'maybe some regulatory issues' in prospectus.Then I don't know how tls could get screwed negotiating a telco sale with the govt but it did,the nbn headwinds, these headwinds were never mentioned for many years after siging nbn agreement and the result,it cost tls 50% of its net profit on completion of agreement.Just to confirm this is not short term,going by penn his 'ambition' is for the same pathetic $7.5b ebitda in 2023 as it was in 2020.ie repeating 2020 ebitda in 2023 and thats his 'ambition'.
But penn describes this ambition in 2023 as growth because FY21 will be a ridiculous $6.6b.
If shareholders were told FY21 ebitda would be $6.6b in FY21 after signing of nbn agreement there would have been a class action,the govt would have been taken to the high court for the 'govt black mail threats' against tls.imo and absolutely the govt was aware of this potential legal action.
Then it continues re yr comment 'safeguards' if tls gets involved in digicel.Trujillo received 'guarentees from conroy and the ACCC' that if tls invested in new england fixed infrastructure it would not be declared by the ACCC.Trujillo 'trusted' the govt/conroy and ACCC ,on completion of the build the ACCC declared the infrastructure with conroy's blessing.
Nope ,such a deal is a future nightmare and will produce more 'headwinds' for tls as posted imo.
imo there are obvious/better opportunities for tls to invest $500m in.Nice simple acquisitions ,again why does tls make everything so complicated.
Don't get into bed with an australian govt