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CHIRGWIN COMMENT The rise and rise of Skype highlights issues of what voice traffic is these days
COMMUNICATIONS DAY
FRIDAY 27 MARCH 2009 Australasias telecommunications daily, founded 1994 ISSUE 3477
mentally in good shape. But fundamentals seem to matter little at present. Added to that, disclosure obligations in Australia seem a little lopsided at the moment, so we are constantly trying to determine what is genuinely leaked Government information, and what is just analyst and media scaremongering, he said. The CFO said that at the $3 mark, Telstra shares were at a 33% discount to the consensus stand-alone valuation, which is about $4.50 per share. He said that analysts were likely to claim Telstra was underestimating risks from potential regulatory outcomes of the NBN, but added Telstra knew its own business better than any external parties. Analysts have written of regulatory armageddon emanating from the NBN, with a potential $1.75 per share price hit the result. But Stanhope told investors to ask what problem the NBN seeks to solve in Australia If it is competition, let me remind you that Australia has among the most ISPs per head of any OECD country, around 170 licensed carriers and some of the lowest wholesale prices anywhere. If it is underinvestment, you need look no further than the UK to see the disconnect between overbearing regulatory remedies and reduced capital investment. Stanhope even took a view on separation, saying that analysts were so divided on its potential impact, estimates ranged from a 4c slug to Telstras share price to a 93c drop a $10 billion valuation difference!, he said. With all the complexity and scenarios people are jumping at shadows trying to value the impact on Telstra of a 3rd party NBN build, so investor concern is understandable, Stanhope said. But while doomsday predictions for Telstras share price continue, he said the company is more than confident in its own ability to compete regardless of the NBN outcome. In every case our worst case scenarios do not get close to the downside claimed by some and probably the most important reason is that we can and will continue to compete hard in the retail market.
Luke Coleman
Communications Day
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likely be dealt with by laws and norms. But in the online space, the activity persists in ways that potentially undermine the commercial sustainability of the entertainment industry and promote an uncivil disregard for law. The question becomes how do we establish the norms to quell infringing activity online? he asked. iiNet is up against film content owners under the auspices of the Australian Federation against Copyright Theft. The two parties faced off in court this week, with AFACT alleging that iiNet knowingly allowed pirated films to be distributed across its network. While the minister did not yet offer any solutions to the problem, he said the iiNet case may act as an agenda-setter for future cases. This legal battle and the broader debate it forms part of, looms large in the digital economy. It symbolises the important challenge we face today. It embodies the challenge of how to lay down the rules for tomorrow. The Government is obviously watching developments with interest.
Luke Coleman
services and expertise that will assist them to compete for supply opportunities for the much larger SKA project, noted a release on the Ministers website. The infrastructure, materials and technology required to support the SKA project currently represent a $2.9 billion investment. As one of two places being considered to host the core SKA site, the potential benefits for Western Australia are enormous, scientifically and economically. Businesses can get involved now by applying for contracts to commence construction of ASKAP. Employment opportunities arising from the ASKAP will be significant and range from providing infrastructure and construction to electronics and high-performance computing. The Commonwealth Scientific and Industrial Research Organisation has set up an online ASKAP Opportunities Register to enable interested businesses to identify areas for contribution within the ASKAP project.
Petroc Wilton
3 PROVIDES EMAIL ACCESS 3 Mobile has introduced its new e-mail application, where e-mails are delivered to the customers mobile phone. Through the new application, e-mails can be sent, received, read, or written with viewable attachments in compatible 3 mobile phones. The unlimited e-mail on 3 pack includes unlimited work e-mail; calendars and contacts sync facility; unlimited personal e-mail such as Hotmail, Yahoo, GMail, other ISPs such as iiNet, BigPond, etc; access in 3s broadband zone, roaming in Australia and roaming in 3 Like Home countries; and unlimited e-mail attachment downloads. COMMUNICATIONS DAY 27 March 2009 Page 5