Thursday, May 04, 2006

Telecom loop unbundling in the near future?

here.
$1 billion wiped off by disgruntled shareholders... on cue comes the business subsidy lobbyist Roger Kerr saying how awful it is.
Here's another take: investors who were quite happy to receive the dividends from a monopoly provider of infrastructure who was reaping it for all it's worth have now moved on to greener pastures. Good riddence.
As for market failures, that's a bit rich, Telecom has done SFA for 10 years. The broadband takeup in NZ is a complete joke and even what's on offer is barely adequate for the mid-90's let alone after 2010.

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