[LINK] Telstra propose biggest rollout in Australia's history

Craig Sanders cas at taz.net.au
Thu Jan 18 09:26:20 AEDT 2007


On Wed, Jan 17, 2007 at 10:55:44PM +1100, grove at zeta.org.au wrote:
> On Wed, 17 Jan 2007, Jan Whitaker wrote:
> 
> >At 08:54 PM 17/01/2007, David Boxall wrote:
> >
> >>"Telstra is seeking $600 million in funding from the Australian 
> >>Government's Broadband Connect Infrastructure program to extend backhaul 
> >>infrastructure to a range of remote communities, install ADSL broadband 
> >>equipment in 1,560 exchanges and upgrade 1,029 large pair gain systems 
> >>that currently prevent access to ADSL broadband services in some rural 
> >>and regional areas."
> >
> >Two words: corporate welfare.
> 
> But wasn't there a fateful 3 billion dollar rollout of FTTN services
> that was scotched when Johnny and Sol couldn't stay in the same room
> with each other last year?!  What is going on here?

that was the pre-sale choreography, which was designed to drive down the
T3 share price and to give the electorate the false impression that a
fully privatised Telstra would be strictly regulated.

now it's post-sale, where they'll kiss and make up (and the "regulatory
burden" that T whinged so loudly about will gradually be undone) so
that the share price goes back up.


craig

-- 
craig sanders <cas at taz.net.au>           (part time cyborg)



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