[AusNOG] FTTH - Dreaming?
surfer at mauigateway.com
Sat Aug 16 16:34:23 EST 2008
--- mmc at internode.com.au wrote:
non-metro is a bad business to be in, I find it difficult to believe
this meme Telstra have always pushed. If indeed it was such a poor
business then I'd expect they would have itemised it in their annual
accounts, they'd have shown the government to increase USO, that they
may have made some effort to sell the business off. Of course, they
wouldn't do this because this "bad business" has kindly paid for all
the sites and backhaul for NextG ...
You can almost allways tell how 'bad/good' it is for a company by looking at:
Subject to any significant regulatory outcomes, we remain on track to achieve our core long-term management
objective of $6,000 to $7,000 million of free cash flow in fiscal 2010. We believe that the increase in free cash flow over
two years from $3,855 million in 2008 will lead to significant shareholder value creation, whilst supporting the costs
of our investment in a potential 5 year National Broadband Network (NBN) roll-out. It also gives our Board the
flexibility to consider a range of options from increased returns to shareholders, to selective acquisitions and/or
reducing the level of net debt.
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