Telecom NZ to be unbundled!

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juha

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#7692 3-May-2006 17:32

Aloha

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#34637 3-May-2006 17:39

The market has been shaken!

I is a kollege stoodent. Bee nice.

sbiddle

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#34638 3-May-2006 17:40

My prediction is that within 6 months Annette Presley & Slingshot will be the biggest winners. They have the money and existing infrastructure to offer ULL circuits complete with VoIP home lines.

sbiddle

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#34639 3-May-2006 17:42

Wonder how many people sold their Telecom shares this afternoon? :-)

JAMMAN2110

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#34641 3-May-2006 17:50

Is this what hes going on Cambell live for tonight?

sbiddle

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#34642 3-May-2006 17:52

JAMMAN2110: Is this what hes going on Cambell live for tonight?

Yes an exclusive live interview.

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juha

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#34643 3-May-2006 17:54

Telecom didn't say anything when I spoke to them earlier...

Juha

sbiddle

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#34645 3-May-2006 17:57

juha: Telecom didn't say anything when I spoke to them earlier...

Bruce Parkes was speechless and wasn't trying to deny the whole thing had really happened? I guess there is a first for everything!

juha

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#34646 3-May-2006 18:02

sbiddle: Bruce Parkes was speechless and wasn't trying to deny the whole thing had really happened? I guess there is a first for everything!

John Goulter and TG are in Sydney, but they didn't want to say anything. Bruce was rushing to catch a flight up to Auckland, probably to on TV... other PR people giggled hysterically and said "no comment."

Wonder how much they knew? Telecom has already pulled the plug on rural DSLAM deployments, so I'm guessing they had an inkling about what was up.

Juha

sbiddle

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#34648 3-May-2006 18:05

3 News just reported the announcement was not due today but the decision was apparently leaked to Telecom from within parliament hence the need to officially announce it.

Telecom shares have dropped 7.4% on the ASX since the announcement.

SNicolle

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#34649 3-May-2006 18:06

very interesting times.
MTR regulation decisions are to follow and Cunliffe has shown some of his critics that he is prepared to make the decision he see's is best and possibly ignore/avoid too much external influence from telecom (albeit the cynic will argue that it is influence from their competitors that may have influenced the decision).

3 news reported that the decision was made at cabinet and subsequently leaked to telecom and this fast tracked the announcement.