<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: A board challenge for Telecom</title>
	<atom:link href="http://www.kiwiblog.co.nz/2008/08/a_board_challenge_for_telecom.html/feed" rel="self" type="application/rss+xml" />
	<link>http://www.kiwiblog.co.nz/2008/08/a_board_challenge_for_telecom.html</link>
	<description>DPF&#039;s Kiwiblog - Fomenting Happy Mischief since 2003</description>
	<lastBuildDate>Mon, 13 Feb 2012 21:42:47 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3.1</generator>
	<item>
		<title>By: Falafulu Fisi</title>
		<link>http://www.kiwiblog.co.nz/2008/08/a_board_challenge_for_telecom.html#comment-473424</link>
		<dc:creator>Falafulu Fisi</dc:creator>
		<pubDate>Tue, 12 Aug 2008 02:13:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.kiwiblog.co.nz/?p=25992#comment-473424</guid>
		<description>Expat said...
&lt;i&gt;FFS, how do you get to spend so much time on nz blogs?&lt;/i&gt; 

And what do you think? The answer is obvious, and I am surprised that you asked?  Hint?  Most blog commenters gravitate towards sites in their own countries. I think that our  NCEA students would figure that out by indirect inference, ie,  If A is a kind of  B  and  C  is some kind of  B, therefore  it would be true to conclude that  A is also a kind of  C.  See, you can link  A  and  C  indirectly via logical deductions, even though there is no direct link between the two, ie,  A &amp; C have obvious observable relations. More &lt;a href=&quot;http://en.wikipedia.org/wiki/Modus_ponens&quot; rel=&quot;nofollow&quot;&gt;here&lt;/a&gt;.

I comment on overseas blogs as well , mainly in US (tech-blogs, such as  Read-Write-Web,  TechCrunch, Practical Ecommerce, O&#039;Reilly Radar,   etc,...). You can search my name in those sites where my comments are regarded by readers in those blogs as insightful and interesting (check it out yourself, and don&#039;t take my word for it). I make comments in technology, finance, economics, science (Physics, mathematics, statistics, Climate Change), politics, mysticism, computing, engineering and a whole lots of other topics, you can tell that from the Google list you&#039;ve just linked to in your previous message.

Finally,  it showed that you&#039;ve made 737 comments here at DPF, that is almost  7 times more that my total comments (115), may I ask why you&#039;re not commenting on any other topics in the blogo-sphere apart from political ones?  I mean, do you comment on your profession&#039;s different blog sites (accountings, lawyer, or whatever) ?  Why do you hang around too much here at DPF?  Is your interest in politics only?</description>
		<content:encoded><![CDATA[<p>Expat said&#8230;<br />
<i>FFS, how do you get to spend so much time on nz blogs?</i> </p>
<p>And what do you think? The answer is obvious, and I am surprised that you asked?  Hint?  Most blog commenters gravitate towards sites in their own countries. I think that our  NCEA students would figure that out by indirect inference, ie,  If A is a kind of  B  and  C  is some kind of  B, therefore  it would be true to conclude that  A is also a kind of  C.  See, you can link  A  and  C  indirectly via logical deductions, even though there is no direct link between the two, ie,  A &amp; C have obvious observable relations. More <a href="http://en.wikipedia.org/wiki/Modus_ponens" rel="nofollow">here</a>.</p>
<p>I comment on overseas blogs as well , mainly in US (tech-blogs, such as  Read-Write-Web,  TechCrunch, Practical Ecommerce, O&#8217;Reilly Radar,   etc,&#8230;). You can search my name in those sites where my comments are regarded by readers in those blogs as insightful and interesting (check it out yourself, and don&#8217;t take my word for it). I make comments in technology, finance, economics, science (Physics, mathematics, statistics, Climate Change), politics, mysticism, computing, engineering and a whole lots of other topics, you can tell that from the Google list you&#8217;ve just linked to in your previous message.</p>
<p>Finally,  it showed that you&#8217;ve made 737 comments here at DPF, that is almost  7 times more that my total comments (115), may I ask why you&#8217;re not commenting on any other topics in the blogo-sphere apart from political ones?  I mean, do you comment on your profession&#8217;s different blog sites (accountings, lawyer, or whatever) ?  Why do you hang around too much here at DPF?  Is your interest in politics only?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: expat</title>
		<link>http://www.kiwiblog.co.nz/2008/08/a_board_challenge_for_telecom.html#comment-473202</link>
		<dc:creator>expat</dc:creator>
		<pubDate>Mon, 11 Aug 2008 11:50:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.kiwiblog.co.nz/?p=25992#comment-473202</guid>
		<description>FFS, how do you get to spend so much time on nz blogs?

http://www.google.com/search?client=opera&amp;rls=en-GB&amp;q=Falafulu+Fisi&amp;sourceid=opera&amp;ie=utf-8&amp;oe=utf-8

Just curious.</description>
		<content:encoded><![CDATA[<p>FFS, how do you get to spend so much time on nz blogs?</p>
<p><a href="http://www.google.com/search?client=opera&#038;rls=en-GB&#038;q=Falafulu+Fisi&#038;sourceid=opera&#038;ie=utf-8&#038;oe=utf-8" rel="nofollow">http://www.google.com/search?client=opera&#038;rls=en-GB&#038;q=Falafulu+Fisi&#038;sourceid=opera&#038;ie=utf-8&#038;oe=utf-8</a></p>
<p>Just curious.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: David Farrar</title>
		<link>http://www.kiwiblog.co.nz/2008/08/a_board_challenge_for_telecom.html#comment-473185</link>
		<dc:creator>David Farrar</dc:creator>
		<pubDate>Mon, 11 Aug 2008 10:21:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.kiwiblog.co.nz/?p=25992#comment-473185</guid>
		<description>FF: You need to understand the difference between what I say, and when I am quoting someone else.</description>
		<content:encoded><![CDATA[<p>FF: You need to understand the difference between what I say, and when I am quoting someone else.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Falafulu Fisi</title>
		<link>http://www.kiwiblog.co.nz/2008/08/a_board_challenge_for_telecom.html#comment-473171</link>
		<dc:creator>Falafulu Fisi</dc:creator>
		<pubDate>Mon, 11 Aug 2008 09:42:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.kiwiblog.co.nz/?p=25992#comment-473171</guid>
		<description>quote:
&lt;i&gt;Telecom’s share price has been in decline over the past few years and once again, following disappointing year end results, its share price is around a fifteen year low.&lt;/i&gt;


DPF , Your post here is disingenuous, you bloody know the reason for poor performance of Telecom, instead you chose to ignore it, because you&#039;ve been a strong proponent of its dismemberment.

 
quote:
&lt;i&gt;In our view, Telecom’s performance languishes behind that of other key telecommunications players in the international market, and we believe this is partly due to an unclear and outdated strategy.&lt;/i&gt;  

No, Telecom&#039;s strategy was working well, until  Minister David Cunliffe chopped them into bits.

quote:
&lt;i&gt;Shareholders and customers remain dissatisfied with Telecom’s progress,&lt;/i&gt;
 
No, it should have been stated that &lt;i&gt;Shareholders and customers remain dissatisfied with Commissar Minister David Cunliffe for nationalising of what is theirs, without paying compensations.&lt;/i&gt;

Start blaming the government for its interference in private property and not blame Telecom.</description>
		<content:encoded><![CDATA[<p>quote:<br />
<i>Telecom’s share price has been in decline over the past few years and once again, following disappointing year end results, its share price is around a fifteen year low.</i></p>
<p>DPF , Your post here is disingenuous, you bloody know the reason for poor performance of Telecom, instead you chose to ignore it, because you&#8217;ve been a strong proponent of its dismemberment.</p>
<p>quote:<br />
<i>In our view, Telecom’s performance languishes behind that of other key telecommunications players in the international market, and we believe this is partly due to an unclear and outdated strategy.</i>  </p>
<p>No, Telecom&#8217;s strategy was working well, until  Minister David Cunliffe chopped them into bits.</p>
<p>quote:<br />
<i>Shareholders and customers remain dissatisfied with Telecom’s progress,</i></p>
<p>No, it should have been stated that <i>Shareholders and customers remain dissatisfied with Commissar Minister David Cunliffe for nationalising of what is theirs, without paying compensations.</i></p>
<p>Start blaming the government for its interference in private property and not blame Telecom.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: dave strings</title>
		<link>http://www.kiwiblog.co.nz/2008/08/a_board_challenge_for_telecom.html#comment-473037</link>
		<dc:creator>dave strings</dc:creator>
		<pubDate>Mon, 11 Aug 2008 04:13:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.kiwiblog.co.nz/?p=25992#comment-473037</guid>
		<description>Having had a very good look at this for several months now, there is no doubt that in the short term (1-3 years) there would be shareholder gain.  However, in the longer term, 3-8 years, that gain would turn to significant loss.

The reality is that Telecom is NOT JUST Chorus, retail and wholesale here in New Zealand.  

It incorporates AAPT in Australian which with a current book value of less than $500 million is delivering a significant return on Capital.  (The fact that the past management, under the leadership of Roderick Dean as first CEO then Chairman, paid far too  much for the business is no reflection on the current management team, who are doing good work turning it around.

It Incorporates Gen-i.  New Zealand&#039;s fastest growing ICT services firm, with significant upside potential across the ditch that is just starting to be realised as revenue enhancement.

It also incorporates a number of international service ventures, operated out of London, that have vast long term potential.

What you are seeing here is a &#039;breakup&#039; ploy on the lines of many undertaken in the 1080s.  None of them did any long-term good for anyone except the Merchant Bankers and Investment advisers, who took vast fees and opportunistic profits from the exercise.  If the original owners of the vertically integrated companies, broken up and sold off piecemeal in the &#039;80s, had held on to them they would be far wealthier than they are today.  Vertical integration enables a sensible &#039;end to end&#039; strategy to be followed, that is the best approach - particularly in a utility market, which Telecommunications has become.  If you doubt that, look at what Vodafone is doing!</description>
		<content:encoded><![CDATA[<p>Having had a very good look at this for several months now, there is no doubt that in the short term (1-3 years) there would be shareholder gain.  However, in the longer term, 3-8 years, that gain would turn to significant loss.</p>
<p>The reality is that Telecom is NOT JUST Chorus, retail and wholesale here in New Zealand.  </p>
<p>It incorporates AAPT in Australian which with a current book value of less than $500 million is delivering a significant return on Capital.  (The fact that the past management, under the leadership of Roderick Dean as first CEO then Chairman, paid far too  much for the business is no reflection on the current management team, who are doing good work turning it around.</p>
<p>It Incorporates Gen-i.  New Zealand&#8217;s fastest growing ICT services firm, with significant upside potential across the ditch that is just starting to be realised as revenue enhancement.</p>
<p>It also incorporates a number of international service ventures, operated out of London, that have vast long term potential.</p>
<p>What you are seeing here is a &#8216;breakup&#8217; ploy on the lines of many undertaken in the 1080s.  None of them did any long-term good for anyone except the Merchant Bankers and Investment advisers, who took vast fees and opportunistic profits from the exercise.  If the original owners of the vertically integrated companies, broken up and sold off piecemeal in the &#8217;80s, had held on to them they would be far wealthier than they are today.  Vertical integration enables a sensible &#8216;end to end&#8217; strategy to be followed, that is the best approach &#8211; particularly in a utility market, which Telecommunications has become.  If you doubt that, look at what Vodafone is doing!</p>
]]></content:encoded>
	</item>
</channel>
</rss>

