Monday, August 08, 2005

Caller Despair

In another stunning display of idiocy National wants to review Telecom's KiwiShare obligations to provide free local calling and telephone services to rural areas. Clearly this has been a long time coming, Telecom - a struggling, majority foreign-owned monopoly are still yet to post a yearly profit of over billion dollars since being gifted the nation's phonelines over ten years ago.
Bearded Maurice Williamson claims the Kiwishare obligations are "a barrier to other players investing because it is incredibly hard to compete with free local calls", er, no, the barrier to investing in telecommunications here is a powerful entrenched monopoly and successive governments unwilling to step in and regulate the industry to provide actual competition and better prices and services for New Zealanders.

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