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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."

2 of 126 comments (clear)

  1. Wow! Yet ANOTHER story from Australia! by Anonymous Coward · · Score: -1, Offtopic

    I'm just loving www.slashdot.org.au!

    Seriously, are there any other countries on Earth besides Australia and the USA?

    Is this some 'David and Goliath' thing, or what?

  2. Slightly OT - please drop cultural cringe by panurge · · Score: -1, Offtopic
    Dear Australians,

    Please drop the cultural cringe. You really don't need it. Australia is a first world country and starts to need acting it.

    • Do not explain Australian jokes on /. The French do not explain French jokes, the English assume that you understand English references. Anybody too stupid to get it has Google. Right?
    • Drop all references to boomerangs, Fosters, etc. Every country has its cultural obscurities and disgusting alcoholic drinks. Don't go on about it. Ignore people who try to. The English ignore childish US remarks about bad English dentistry. The Americans ignore remarks about rednecks, guns and the chimpanzee in the White House (except for a few dimwits who are themselves probably rednecks.)
    • Don't knock Germaine Greer. Every country has a female cultural icon that a few low grade pond life hate, e.g. Jane Fonda. Adults are above this nonsense.
    • Do not make remarks about having electricity etc. People in Third World countries have electricity. It's a very tired joke.
    • Generally, get rid of any chips on shoulders. You really do not need them. If some of you are the descendants of convicts, remember that the US and the UK are full of the descendants of people who should have been convicts. It's no big deal.
    --
    Panurge has posted for the last time. Thanks for the positive moderations.