eXDee:wreck90: Really, does telecom have much future?
The national fibre network will downgrade the value of telecoms primary asset (local loop).
The final nail in telecoms coffin will be their serious lack of business aptitude. Check , Ferrit, CDMA cellular, AAPT, stupid customer speeches, XT. Probably Tivo will be added to the list soon.
Telecom executives seem to have the anti-Midas touch.
The only thing keeping telecom in business, is their monopoly on the local loop. Once the national fibre network is running, that monopoly is gone too.
I dont see how you can have such a doomed prediction of telecoms future. They are one of NZ's biggest companies and they aren't going to go anywhere. They wiill change their services as fibre becomes an option.
Yes they have their downfalls (rather often it would seem), but asking if they have a future i think is being unrealistic.
I think it's a distinct possiblity, the rule against vertically intergrated companies like Telecom being able to tender for regional fibre co's are going to results in a much more competitive landscape... perhaps they will sell off Chorus?
Anyway I suggest a read of this blog post, in your head replace the word Telstra with Telecom NZ.