[LINK] Shareholder value above all
linkdb at boxall.name
Sat Oct 31 12:25:12 AEDT 2015
> Yesterday I went to an telecomms engineer's meeting regarding recent,
> current and future Broadband Access technologies; and there was plenty
> of open debate, primarily on technologies. The general consensus was
> that FTTN (ADSL, VSDL, HFC etc.) will have to be removed and replaced
> by FTTP within a decade, so FTTP is by far the most economic way to
> go, an dthe others are an expensive false economy.
> Several of us argued that the geography of Australia (Homesteads in
> particular) bears very little correlation with "global" telecomms
> infrastructure templates nominally based on (western) Europe; which
> BTW is laced with a mesh of high capacity Inter-Exchange SMOF cable
> systems (Australia has virtually nil SMOF mesh outside the capital
> I was mentally stunned by one comment from a retired senior telecomms
> engineering executive that very squarely related network
> infrastructure investment to Shareholder value and absolutely nothing
> else. But it explained everything in a sentence!
> Country cities were seen as cost centres (negative profit), towns were
> rated much lower, villages lower again and Homesteads was an explicitive.
> It is now extremely clear to me that as long as the telecomms
> infrastructure is controlled by the private sector, then absolutely no
> telecomms infrastructure will be built outside the main State Capital
> cities - unless it makes a big profit for Shareholders.
> These private sector business executives have the diametrically wrong
> mindset for managing the structure, planning, provisioning, rollout
> and maintenance of telecomms infrastructure for Australia. These
> private sector business executives do have the perfect mindset for the
> retail bundling, packaging, reselling, and timing of telecomms retail
> products and services for Shareholders.
> Australia's very blinkered privatised telecomms infrastructure
> economic policy is killing the inland primary production and has
> virtually killed all inland secondary industries, which is in turn a
> seriously large opportunity cost (economics) to the Federal Government
> that is reducing the Australian Gross Domestic Product (GDP). In
> soccer it is called a repetitive "own goal"!
> Therefore, the only way out of this disastrous national telecomms
> infrastructure wreckage is to immediately put all the telecomms
> infrastructure in sub-Government (Commission) hands, so the natural
> focus is to provide consistent Broadband technology overall Australia
> (i.e. outside the main capital cities) and focus the Retail Reselling
> in Private hands (as their core business).
> It is not Telstra's fault - they are doing what they can for their
> Shareholders, and teasing out (delaying) the transfer of all the
> telecomms infrastructure to the NBN for as long as Telstra can, and to
> be as expensive as possible to the Federal Government to maximise
> Shareholder value. That is a lot of RED TAPE!
David Boxall | I have seen the past
| And it worked.
http://david.boxall.id.au | --TJ Hooker
More information about the Link