[AusNOG] FTTH - Dreaming?

[Scott Weeks]

--- 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 ...
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You can almost allways tell how 'bad/good' it is for a company by looking at:

www.telstra.com.au/abouttelstra/investor/tls618_financialresults08.pdf


scott





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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