Absolutely GR,I have always regarded tls as a so called safe haven and it should b. Not anymore,u do not cut profit by 50% and penn carries on like things r fine and blames the nbn agreement and competition. penn was cfo when nbn agreement was made,why did it take so long for a well paid tls cfo penn to understand that the nbn agreement would reduce tls's fixed profit of $3b to nil.?????????????????????. Why didn't thodey and penn make a material announcement this would b the result of the nbn agreement.
As posted,again stating the basics,tls is now a mobile only co.,imo only it is more vulnerable to growing competition from optus and vodafone especially considering the 26ghz auction. imo only penn is the best thing optus and vodafone could of hoped for,not because of the mobile market competition but because penn has lost control of costs as per nbn agreement and penn has not taken advantage of obvious profitable expansion opportunities to support and strengthen tls's 50% mobile market share.Therefore controlling optus and vodafone growth potential..
TLS Price at posting:
$3.07 Sentiment: None Disclosure: Held
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