[LINK] Coonan vs Conroy

Danny Yee danny at anatomy.usyd.edu.au
Wed Oct 3 20:10:58 AEST 2007


Roger Clarke wrote:
> How are you going to force Telstra to pass the national 
> infrastructure into a separate company without paying mega-billions 
> in compensation to them?
 
This is no problem.  Existing shareholders in Telstra will be given
shares in both "Australian Internet Infrastructure" and the "new"
Telstra.  So they won't have lost anything -- they will still own the
local loop infrastructure -- and no compensation will need to be paid.

Danny.
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