OWZAT Posted August 9, 2006 Share Posted August 9, 2006 (edited) G`day Fellas , The 7.30 Report on aunty (ABC) last night covered the story of the ADSL debacle. The short of it was , that Telstra was trying to blackmail the FEDS into doing it their way. BUT Listen to this , Ivor Ries , spokesperson for Baillieu Stockbokers said with a wry smile on his face : "OVER THE LAST 5 YEARS , 2 MILLION CUSTOMERS HAD DESERTED TELSTRA" , leaving them with 8 million , and they did not want to loose another 2 million . Now the implied threat here was , that the ADSL+2 Issue was going to be the catalyst to have Millions of Customers leaving Telstra to avail themselves of the faster broadband speed with other carriers , no matter what . Ironically , yesterday morning , I bundled my Phone & Internet service over to AAPT , after receiving my Telstra phone bill with the ( Now Expected monthly Increases ) once again. For me this was the final straw , every month without fail , my bill contained 3/4 pages of useless explanations of why they were increasing this or that , or why this service would no longer be provided , etc, etc . Exasperation finaly overcome me , so I have Deserted Telstra , Never to return , and yes I will probably be a few dollars worse off , but only a few , actually , less than $5 . So , this morning I feel strangely liberated in an odd sort of way , just like the time I left home . Telstra now has....7,999,999 customers left , care to make a statement and join me ??. Mick Edited August 9, 2006 by OWZAT Link to comment Share on other sites More sharing options...
OWZAT Posted August 9, 2006 Author Share Posted August 9, 2006 (edited) G`day Fellas , Stew , Spin doctors advise Monopolies like Telstra , that 99% of people just don`t want the hasssle of moving their account to another providor , and thats why they put up with it , well I have had enough , so I jumped ship . But Everbody , should read the transcript from the link below , it will leave you gnashing your teeth. http://www.abc.net.au/7.30/content/2006/s1710050.htm Mick Edited August 9, 2006 by OWZAT Link to comment Share on other sites More sharing options...
harold Posted August 9, 2006 Share Posted August 9, 2006 what about their share price? I bought in at $7, today they are worth about half what i paid. Their CEO comes across as arrogance personified, he is doing us a favour running Telstra (into the ground). Link to comment Share on other sites More sharing options...
pekingduck Posted August 9, 2006 Share Posted August 9, 2006 Sol left Quest over in the US on $70m USD to run TLS on $5m salary. He is certainly not doing it for the money. He did manage to turn Quest from a loss making business to a position where it was taken over. A great result for the shareholders. I don't think he knew what he was getting himself into when he signed up though. It's a bit hard running a company with one arm behind your back. Link to comment Share on other sites More sharing options...
johnno Posted August 9, 2006 Share Posted August 9, 2006 If they would stop spend money on pamplets and more pages of crap telling customers that there prices where going up they might not have to raise the prices. Link to comment Share on other sites More sharing options...
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