Australia's largest telco to be split
Pie Pants writes "Australia's largest telco company, Telstra, which is also half government-owned and controls most of the telecommunications network in Australia, is to be split into separate retail and wholesale arms. This means that the wholesale side of Telstra will have to sell the network to the retail side under the same terms it uses with other communications companies. The government has done this in a bid to improve communications service in regional Australia, so it can privatize the rest of the telco. This is a welcome move by many after Telstra was accused of taking advantage of its network against competitors."
9 out of 10 crocodiles approve!
Even those who arrange and design shrubberies are under considerable economic stress at this period in history.
Please also inform the New Zealand Government about this plan. Although in our case the monopolistic Telco would be better split into about one million pieces. Thanks.
Guess what? We've even got ELECTRICITY down here too!