do you guys have something for theresa or something.
or do you base your opinion on womens weekly, or that fine mag unlimited (remember how fanatastic ITC and SMR were going to be) gushy articles. I dont understand what she has done that is so fanastic. the bnz has never shown any brillance in marketing - before, during or after her tenure (compare to the asb).
her management of tel has been awful.
she bought aapt for cash when you got a over-valued share price that subsequently goes from $9 going to $5. she should have used script. unless of course she believed the stock was worth more - just like xtra was to be woth $2b (forgive while i laugh to death. if she believed that she cant have ever understood her basic business. the strategy in australia depends on there being limited competition for second tier customers. but why would everyone stop bidding for customers once the top tier are accounted for - they wont. why get rid of low value customers when you are running a cost out strategy - surely a cost out strategy means that low value customers become higher value customers. why persist with resistance to unbundling when there are unbundled networks in place and you cant control the access points to your network anyway (other than at the commodity data level). pc's and servers are the gateway by the way.
the mobile thing is a mess - vodaphone filled them in on basic mobile and sms, and now has forced them to develop the 2g services market, - so they can switch on their 2g option once the market is operational. once again tel is strategically deficient.
ruling over this series of f*** ups - is ms Gattung, believing for all the world that a womens weekly endorsement is real, while the investment world laughs at her.
her response to "why will tel be in 5 years" is the most telling...a big laugh (she is a cherry woman) and the answer "i dont have a clue"
See IRG research reports
