Aussie Bob wrote:

> From
> http://www.businessspectator.com.au/...F?OpenDocument

> Telstra Corp Ltd holds the majority of the bargaining power

Only in your pathetic little pig ignorant fantasyland.

> as the government attempts to split its retail and wholesale businesses, according to RSB telco analyst Ian Martin.

Then he is a terminal ****wit.

> Under the plan, the government will force Telstra to conduct its network operations and wholesale functions at arm's
> length from the rest of the company if it does not voluntarily separate.

> The government is also seeking to prevent Telstra from acquiring additional wireless broadband spectrum -

ONLY if Telstra refuses to do what it demands.

> and request that it divest its hybrid fibre coaxial cable network and 50 per cent interest in subscriber television
> network Foxtel - if it fails to co-operate.

It doesnt request, it demands.

> Many shareholders and related representative groups have come out in opposition to the proposal, some labelling it
> "draconian".

And the govt just yawned when they did.

> Speaking to ABC TV's Inside Business, Mr Martin said the description
> was appropriate if the legislation went through in its current form.

> "But I think you need to see the legislation as part of the bargaining process," Mr Martin said.

Yes, but some things arent negotiable.

> "Most of the bargaining power remains with Telstra

Only in your pathetic little pig ignorant fantasyland.

> because they have got a going concern. they've got the customers, they've got the traffic," he said.

And they dont get to decide who gets the 4G spectrum, ****wit.

> RSB has Telstra's share price target at $4.40,

Funny that.

> which is at the upper end of analyst estimates, and remains well above its last trading price of $3.11.

Wota packa terminal ****wits.

> Mr Martin said the price target was based on an earnings estimate just above 12 times next year's forecasts,

Wota packa terminal ****wits.

> adding that the range of share price targets in the market stemmed from the uncertainty created by the split plan.

Must be one of those rocket scientist terminal ****wits.

> "I don't think the range of possibilities is as wide as implied in the current share price and some of the share price
> targets," Mr Martin said.

Wota terminal ****wit.

> "I think it's the uncertainty that's factoring into the prices here, not the outcome itself."

Wota terminal ****wit.