Business Services Industry
Sol's man pleads for lighter touch.
Australasian Business Intelligence, November, 2005
Byline: Garry Barker
Nov 03, 2005 (The Sydney Morning Herald - ABIX via COMTEX) -- A key adviser to Telstra CEO Sol Trujillo warns the Australian telco is headed for a "train wreck" unless regulations are changed.Phil Burgess re-affirms claims that Telstra stands to lose up to $A800 million if the Australian Competition & Consumer Commission
(ACCC) persists with its plan to enforce a new wholesale pricing structure on the telco.Burgess says that unless regulators and the industry work together to develop a "pro- growth, pro-jobs, pro-regional parity" policy, Telstra is "headed for a train wreck". Burgess argues that while the Federal Government is preparing to sell its...
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