FollowupID: 432394 Submitted:
Friday, Jun 02, 2006 at 15:25
chump_boy posted:
I don't know about other people, but selling Telstra was actually a pretty smart thing to do.
It is run so much like a government department it is not funny - I don't know how they make any money at all. With competition from Singtel / Optus, and Telstra slowly losing it's market dominance, better to get rid of it now before it becomes a liability.
If the government cuts it lose, Telstra will either sink or swim. If it sinks, it was going to anyway. If it swims, there are an awful lot of taxes to be collected.......
Yes I know there are more issues than that, like remote
communications and payphones and stuff, but it is a competitive marketplace.
I think Howard realises politicians are goot at politics, not running a telecommunications company like Telstra.
Cheers,
Chump