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Australia: Mobilising shareholders December 20, 2006

Posted by Jasper in Uncategorized.

Incumbent Telstra has announced that is devoting AUD 1 million to a campaign to recruit its shareholders as foot soldiers in its battle with the Federal Government over telecommunications regulation.

Most of the 100,000 people who became new Telstra shareholders in the recent T3 share sale will this week receive flyers in the mail from Telstra, urging them to pressure the Government to soften laws that allow its rivals to use its phone and broadband networks.

“We can lead the world: but you must have your say,” the flyer states, referring shareholders to its nowwearetalking website for more information – a website that in my opinion has zero credibility.

Personally, I doubt that they will accomplish much for their million dollars.



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