I think the gist of the government decision to build the NBN comes from the notion that government monopoly will be benevolent one, whereas a private monopoly would be exploitative one and likely to abuse its privileged position.
At the time Howard government was privatizing Telstra the argument was should the infrastructure - cables, ducts etc - remain in national ownership and allow different operators access for a fee. Howard privatized it lock stock and barrel to get more money.
It is now generally believed that it was wrong choice. It created private almost monopoly. Any competition had to either pay big bucks to use TLS wires and fibre or duplicate the the channels at huge cost and inconveniencing the public.
So one could argue that the NBN is fixing Howard's mistakes.
BTW, I do not intend to argue either way, let the bygones be the bygones.
The NBN is powering ahead, they already have 15 customers in Armidale. That is more than 100% improvement on 7 they started with. In a couple of short months.
One could project explosive exponential growth from these numbers.
Although to plot exponential curves I think you need at least three or more numbers, I think.
Any mathematicians among us?
- Forums
- ASX - By Stock
- TLS
- why couldnt telstra do what nbn is doing
why couldnt telstra do what nbn is doing, page-4
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.87 |
Change
-0.010(0.26%) |
Mkt cap ! $44.71B |
Open | High | Low | Value | Volume |
$3.88 | $3.88 | $3.85 | $67.18M | 17.37M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7849 | $3.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.87 | 437584 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2849 | 3.860 |
30 | 145771 | 3.850 |
28 | 456547 | 3.840 |
18 | 381534 | 3.830 |
20 | 76036 | 3.820 |
Price($) | Vol. | No. |
---|---|---|
3.870 | 347584 | 15 |
3.880 | 321260 | 21 |
3.890 | 63240 | 15 |
3.900 | 140359 | 36 |
3.910 | 303237 | 22 |
Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
Featured News
TLS (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, MD & CEO
Charles Armstrong
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online