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Thread ID: 73970	2006-11-07 06:41:00	What - He works for Telecom now?	pctek (84)	PC World Chat

Post ID	Timestamp	Content	User
497231	2006-11-08 07:12:00	Their practices are a one way trip to failure, They are protected by the fact they have a monopoly. But you can have a gold star as well.	Metla (12)
497232	2006-11-08 07:40:00	They're a company. This is kind of the point. Not so. A smart company would look to balance looking after its customers with maximising the return for investors because it would recognise that its situation may change in the future and at that point it may need to rely on the goodwill of customers in order to compete in a more cut throat environment. Simply saying that all company's will behave this way isn't true. Telecom is burning up the goodwill of customers and that is not good business.	Biggles (121)
497233	2006-11-08 11:48:00	Not so. A smart company would look to balance looking after its customers with maximising the return for investors because it would recognise that its situation may change in the future and at that point it may need to rely on the goodwill of customers in order to compete in a more cut throat environment. Simply saying that all company's will behave this way isn't true. Telecom is burning up the goodwill of customers and that is not good business. Well said. If Telecom had behaved like a good citizen then the unbundling issue would never have surfaced but they chose to behave like the dinosours.	mikebartnz (21)
497234	2006-11-08 12:56:00	A company has to make a decent profit for their shareholders. A large percentage of telecom is now owned by NZ shareholders and government departments, and this is a fact that many people don't realise. Therefore if Telecom is not making a suitable return on their investment, and can't provide a decent dividend, then people won't invest in them, and then they won't invest in NZ's infrastructure. People forget that telecom is a business, and not a public service. The fact is that the government should never have sold telecom. Give that man a Gold Star! The fact is that Telecom's owners are not a bunch of hardnosed-international-money-hungry-ogres out to wring every penny from broadband users. The people who bought shares are your family, your neighbours (what Americans call "Mom & Pop" shareholders) and whoever invests the money you pay into your own firm's superannuation scheme. And that's what now makes it so hard for any government intervention which would seriously affect Telecom's profits. Nats would cry foul because it's interfering with business. Labour would cry foul because it's reducing superannuation that people have paid for. Public companies see losing money as poor compensation for "being a good citizen." They can't: their first obligation is to their shareholders. Want government to run it? They can't - unless it's a government department. As Roger said, Telecom should never have been sold. Do you want your tax money to be spent on buying it back? (Those of you here who actually pay taxes, that is) Somehow I doubt it... But it might have to come to that to break the monopoly on the landlines. I can't see it happening next week, month or year...and the shares would have to go down a lot first for the country to afford the purchese - balanced against the hospital waiting lists, for instance. Hate to say it, you frustrated broadband users, but I know which I'd choose my tax money spent on, given the choice.... And those are the kind of choices a small country with an elongated shape, mountainous terrain & a small population faces, P.S I read it through & then decided I'd better make it clear that I've never owned any Telecom shares.	Laura (43)
497235	2006-11-08 13:01:00	Do you want your tax money to be spent on buying it back?Yes, emphatically. It would be easy using the current budget surplus.	Greg (193)
497236	2006-11-08 13:10:00	That's already earmarked. Firstly, to give you a decent superannuation when there aren't enough workers to support you (Our birthrate is too low) And secondly, to do what all our governments have always done - leave Michael Cullen some spare cash to announce goodies in election year.	Laura (43)
497237	2006-11-08 18:32:00	Yes, emphatically. It would be easy using the current budget surplus. I have to agree here,I miss waiting 2 months to have a phone connected.	Cicero (40)
497238	2006-11-08 18:36:00	The problem with mindless flaming is that it is just that - mindless. Pctek didn't see the rest of the email exchange I had with the person in question, which actually ended up with him checking out some of the options I suggested. I believe the person now has broadband, which isn't supplied by Telecom either. I take the time to reply as constructively as I can to reader enquiries, instead of posting incorrect drivel anonymously in forums like Pctek does. If you had a problem with my response Pctek, why didn't you just contact me like everyone else? Guess this is yet another of the immutable law of no good deed going unpunished...	Juha (10418)
497239	2006-11-08 18:41:00	Pctek didn't see the rest of the email exchange I had with the person in question, which actually ended up with him checking out some of the options I suggested . I take the time to reply as constructively as I can to reader enquiries, instead of posting incorrect drivel anonymously in forums like Pctek does . Well no . It wasn't published was it . I'm hardly anonymous, masses of people know who I am here . And I have contact details listed too .	pctek (84)
497240	2006-11-08 19:33:00	I don't particularly care who can get what. Anyone who thinks a company should spend a million dollers,or whatever, on installing lines that will earn peanuts, must be living in Cloud Cuckoo Land. Ten years ago we were paying $5 an hour to enjoy the marvels of "dial up" internet. And no 0800 phone number either. Another point of interest. If the Govt. hadn't sold our phone service,the poor farmer would probably have his broadband, and we'rd all be subsidising him. As you may have gathered I don't particularly like farmers. If it rains for two days they are screaming about floods. If if doesn't rain they are yelling "drought". And either way they are screaming at the Govt. for a handout. :mad: :mad: :mad:	JJJJJ (528)
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