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Thread ID: 117443 2011-04-18 23:34:00 $12m fine for telecom nedkelly (9059) PC World Chat
Post ID Timestamp Content User
1195498 2011-04-19 08:06:00 Bit of a joke its taken so long

Yet another proud day with Telecom monoplised braodband.

I reckon FFTD will no longer be affordable, here comes another 10 years of Telecom smoke and mirrors.
Battleneter2 (9361)
1195499 2011-04-19 08:30:00 Peanuts when compared with the turnover or profit figures.
but the chief exec has long gone....
Scouse (83)
1195500 2011-04-19 08:38:00 Are you saying telecom is your favorite telco?

No. I'm saying that Telecom is one of NZs biggest companies and if goes down the tubes so do a lot of us..
paulw (1826)
1195501 2011-04-19 11:01:00 Telecom is one of NZs biggest companies and if goes down the tubes so do a lot of us..

You can't really imagine Telecom going down the tubes.:illogical What a silly thing to say!

Telecom have a virtual monopoly in supplying communications to the vast majority of homes and businesses in this country. All the telephone exchanges and cabling belong to Telecom. How can they go wrong?

Their annual profit is $300m. The fine was $12m, one twenty-fifth of their profit. Most probably their pride is hurt more than their profit.

If you earned $30,000, one twenty-fifth of your wage would be $1200. Obviously you would be annoyed at having to pay a $1200 fine but I'm certain that it would not send you down the tubes.

When you put it in perspective, the fine is not that much, really.
Ulsterman (12815)
1195502 2011-04-19 20:53:00 No. I'm saying that Telecom is one of NZs biggest companies and if goes down the tubes so do a lot of us..

no no more than happy for Telecom to go down the drain, government would need to step in and take back State ownership. Fire the imported CEO raping the company to a tune of 7 million a year will be a great start.


As above however that's not going to happen.
Battleneter2 (9361)
1195503 2011-04-19 21:27:00 no no more than happy for Telecom to go down the drain, government would need to step in and take back State ownership. Fire the imported CEO raping the company to a tune of 7 million a year will be a great start.


As above however that's not going to happen.

With comments like this it's no wonder that i don't visit this forum more that once a day, especially in the school holidays..
paulw (1826)
1195504 2011-04-20 02:22:00 I saw Paul Reynolds out having lunch at a swanky location just yesterday, obviously celebrating such a small fine for the company :( Fifthdawn (9467)
1195505 2011-04-20 08:15:00 I thought that ponce had been sent back from whence he came after that last disastrous fishing ad. zqwerty (97)
1195506 2011-04-20 09:45:00 The person who is most responsible is the old CEO & she got off scott free. Greven (91)
1195507 2011-04-21 22:28:00 Goodness, with that money gone from the petty cash, it will be next week before they have enough saved up to change the company logo to a couple of "hand-toes" to express their feelings about justice, ethics and morality

And Dodgy Gattung got off with a bit more than a few free kilt-carriers.
R2x1 (4628)
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