New Telstra: Delivering a trifecta

T3 shareholders, consumers and the Australian Government were collecting in
a trifecta-win with the New Telstra now recognised by Australian and
overseas investors as a high- performance telco with world-leading results
in a spectacular two-and-a-half year turnaround.

Speaking as T3 successfully drew to an end, Telstra's Chief Financial
Officer, Mr John Stanhope said the New Telstra had delivered a winning
trifecta for the Government treasury and taxpayer, Telstra consumers and
shareholders, and the national interest.

"The New Telstra, launched on 15 November 2005, has enabled Telstra
shareholders to invest in a long-term strategy to bring Australia to the top
quartile in the OECD's 30 advanced economies.

"The New Telstra is based on a fully integrated business model which, in
the final round of privatisation (called T3) in 2006, was affirmed by the
Government and the regulator.

"This integrated business model has unleashed unprecedented innovation.
This has been shown by advances in the deployment of wireless and wireline
Next Generation Networks, new high- speed broadband applications based on
wide coverage and simplicity, customer-centred market- based management, and
new technology-enhanced business and customer support systems.

"Furthermore, the New Telstra has also stimulated growth in revenues and
market share; turned in world-leading results in key strategic
battlegrounds: wireless, broadband and PSTN lines as well as directories;
rewarded shareholders who invested in the T3 sale; and benefitted the
Government by generating more than $15 billion in new revenues directly to
the Government from the T3 sale completed in the final months of 2006."

Mr Stanhope said Telstra's 1.4 million shareholders had also seen Telstra's
market capitalisation grow by about $15 billion or 30 per cent since the
government sold the third and final tranche of Telstra in November 2006.

"Our integrated business model has delivered innovation, cost control
and revenue generation exceeding our global peer group, all in spite of the
increasingly turbulent capital markets and deteriorating outlook for the
global economy.

"These results, recognised internationally, have been achieved despite
an adverse regulatory regime that discourages investment, uses arbitrary
cost estimates defying common sense, increases costs, and causes uncertainty
that undermines rational planning and resource allocation.

"Furthermore, we have delivered world class services via our Next GT
wireless broadband network which is integrated with our Next IPT network
services - crucial parts of our fully integrated telecommunications company.

"Telstra shareholders - largely Mums and Dads - invested $46 billion in
purchasing shares from the government in the three tranches.

"Their continued investment of more than $15 billion in the final (T3)
tranche reflects shareholders' confidence that the integrated strategy and
structure of the New Telstra will be continued by the Board and management
as well as confidence in T3-related assurances of regulatory stability that
the strategy of the New Telstra will not be side-tracked by the Government
or the regulator.

"Shareholders bought and held shares in a company they believed would
remain integrated and certainly not one that would face the spectre of
intrusive regulatory meddling, and particularly not any form of enforced
structural separation.

"It is pleasing that shareholders, including more than 100,000 new to
the Telstra share register since T3, have been rewarded as we are
successfully executing our transformation strategy particularly since many
of these shareholders borrowed to pay for their Telstra shares.

"The new integrated services that differentiate Telstra in the
marketplace offer value to our customers. This is why Telstra is able to
deliver world leading results compared with our global peer group on key
financial metrics in the fixed line, wireless, broadband and Sensis
businesses."

Mr Stanhope said that Telstra has continued to extend its 3G market
leadership.

"Our 3G mobile subscriber penetration has gone from virtually nothing in
December 2005 to 43 per cent of our total mobile subscribers at the end of
April 2008. We now have more than 4 million 3G subscribers.

"Our market leadership is being recognised by international investors
with the percentage of overseas shareholders in Telstra having risen from
6.25 per cent in 2005 to close to 20 per cent."

T3 was the second biggest share offering in Australian history. The
government originally indicated it intended to offer in the order of $8
billion worth of shares in the third tranche of the sale of Telstra
Corporation. In fact strong investor demand allowed the government to nearly
double the size of the offer and raise $15.5 billion from the T3 share sale.

Telstra management covered about 137,000 km over a five week period on the
T3 investor roadshows having more than 40 meetings in five Australian cities
and nearly 100 meetings in 18 overseas cities. Management met with about 600
institutional investors and more than 800 retail brokers.

Mr Stanhope added: "A key milestone in Telstra's transformation strategy was
switching on in one day the nationwide Next GT wireless broadband network,
three months ahead of schedule.

"This was recognised by the then Finance Minister, Senator Nick Minchin,
who said the delivery of the Next GT network ahead of schedule was very
important in sustaining the government's offer."

---

› See More: New Telstra: Delivering a trifecta

Alan Poxington <[email protected]> wrote

> T3 shareholders, consumers and the Australian Government were collecting in a trifecta-win

Only in your pathetic little drug crazed fantasyland.

> with the New Telstra

No such animal.

> now recognised by Australian and overseas investors as a high- performance telco with world-leading results in a
> spectacular two-and-a-half year turnaround.

Only in your pathetic little drug crazed fantasyland.

> Speaking as T3 successfully drew to an end, Telstra's Chief Financial
> Officer, Mr John Stanhope said the New Telstra had delivered a winning
> trifecta for the Government treasury and taxpayer, Telstra consumers
> and shareholders, and the national interest.

Only in his pathetic little drug crazed fantasyland.

> "The New Telstra,

No such animal.

> launched on 15 November 2005,

Only in your pathetic little drug crazed fantasyland.

> has enabled Telstra shareholders to invest in a long-term strategy to bring Australia to the top quartile in the
> OECD's 30 advanced economies.

Only in your pathetic little drug crazed fantasyland.

> "The New Telstra

No such animal.

> is based on a fully integrated business model

Only in your pathetic little drug crazed fantasyland.

> which, in the final round of privatisation (called T3) in 2006,

Only in your pathetic little drug crazed fantasyland.

> was affirmed by the Government and the regulator.

Only in your pathetic little drug crazed fantasyland.

> "This integrated business model

No such animal.

> has unleashed unprecedented innovation.

Only in your pathetic little drug crazed fantasyland.

> This has been shown by advances in the deployment of wireless and wireline Next Generation Networks,

Only in your pathetic little drug crazed fantasyland.

> new high- speed broadband applications based on wide coverage and simplicity,

Only in your pathetic little drug crazed fantasyland.

> customer-centred market- based management,

Only in your pathetic little drug crazed fantasyland.

> and new technology-enhanced business and customer support systems.

Only in your pathetic little drug crazed fantasyland.

> "Furthermore, the New Telstra

No such animal.

> has also stimulated growth in revenues and market share;

Only in your pathetic little drug crazed fantasyland.

> turned in world-leading results in key strategic battlegrounds:

Only in your pathetic little drug crazed fantasyland.

> wireless, broadband and PSTN lines

Only in your pathetic little drug crazed fantasyland.

> as well as directories;

Only in your pathetic little drug crazed fantasyland.

> rewarded shareholders who invested in the T3 sale;

Hardly surprising that the govt had to bribe those after
T2 so comprehensively dudded so many so spectacularly.

> and benefitted the Government by generating more than $15 billion in new revenues

Only in your pathetic little drug crazed fantasyland.

> directly to the Government from the T3 sale completed in the final months of 2006."

> Mr Stanhope said Telstra's 1.4 million shareholders had also seen Telstra's market capitalisation grow by about $15
> billion or 30 per cent since the government sold the third and final tranche of Telstra in November 2006.

Hardly surprising that the govt had to bribe those after
T2 so comprehensively dudded so many so spectacularly.

> "Our integrated business model

No such animal.

> has delivered innovation, cost control and revenue generation exceeding our global peer group,

Only in your pathetic little drug crazed fantasyland.

> all in spite of the increasingly turbulent capital markets

Which are completely irrelevant to the performance of telcos, ****wit.

> and deteriorating outlook for the global economy.

Only in your pathetic little drug crazed fantasyland.

> "These results, recognised internationally,

Only in your pathetic little drug crazed fantasyland.

> have been achieved despite an adverse regulatory regime that discourages investment,

Only in your pathetic little drug crazed fantasyland.

> uses arbitrary cost estimates defying common sense, increases costs, and causes uncertainty that undermines rational
> planning and resource allocation.

Like it or lump it, ****wit.

Its only gunna get worse for you fools now, you watch.

> "Furthermore, we have delivered world class services via our Next GT wireless broadband network

Only in your pathetic little drug crazed fantasyland.

> which is integrated with our Next IPT network services

Only in your pathetic little drug crazed fantasyland.

> - crucial parts of our fully integrated telecommunications company.

Only in your pathetic little drug crazed fantasyland.

> "Telstra shareholders - largely Mums and Dads - invested $46 billion in purchasing shares from the government in the
> three tranches.

And those who were stupid enough to get sucked
into T2 got dudded very comprehensively indeed.

> "Their continued investment of more than $15 billion in the final (T3) tranche reflects shareholders' confidence that
> the integrated strategy and structure of the New Telstra will be continued by the Board and management as well as
> confidence in T3-related assurances of regulatory stability that the strategy of the New Telstra will not be
> side-tracked by the Government or the regulator.

Nope, they noticed that the govt had to bribe potential investors after
how comprehensively the T2 'investors' had got dudded by you clowns.

> "Shareholders bought and held shares in a company they believed would remain integrated

Only in your pathetic little drug crazed fantasyland.

> and certainly not one that would face the spectre of intrusive regulatory meddling, and particularly not any form of
> enforced structural separation.

Only in your pathetic little drug crazed fantasyland.

And then the voters changed the govt and you lot are ****ed, you watch.

> "It is pleasing that shareholders, including more than 100,000 new to the Telstra share register since T3, have been
> rewarded

Hardly surprising that the govt had to bribe those after
T2 so comprehensively dudded so many so spectacularly.

> as we are successfully executing our transformation strategy

Only in your pathetic little drug crazed fantasyland.

> particularly since many of these shareholders borrowed to pay for their Telstra shares.

You have absolutely NO idea how many did that.

> "The new integrated services that differentiate Telstra in the marketplace

Only in your pathetic little drug crazed fantasyland.

> offer value to our customers.

Only in your pathetic little drug crazed fantasyland.

> This is why Telstra is able to deliver world leading results compared with our global peer group on key financial
> metrics in the fixed line, wireless, broadband and Sensis businesses."

Only in your pathetic little drug crazed fantasyland.

> Mr Stanhope said that Telstra has continued to extend its 3G market leadership.

Only in your pathetic little drug crazed fantasyland.

> "Our 3G mobile subscriber penetration has gone from virtually nothing in December 2005 to 43 per cent of our total
> mobile subscribers at the end of April 2008.

Only in your pathetic little drug crazed fantasyland.

> We now have more than 4 million 3G subscribers.

Only in your pathetic little drug crazed fantasyland.

> "Our market leadership is being recognised by international investors

Only in your pathetic little drug crazed fantasyland.

> with the percentage of overseas shareholders in Telstra having risen from 6.25 per cent in 2005 to close to 20 per
> cent."

Hardly surprising that the govt had to bribe those after
T2 so comprehensively dudded so many so spectacularly.

> T3 was the second biggest share offering in Australian history.

Hardly surprising that the govt had to bribe those after
T2 so comprehensively dudded so many so spectacularly.

> The government originally indicated it intended to offer in the order of $8 billion worth of shares in the third
> tranche of the sale of Telstra Corporation. In fact strong investor demand allowed the government to nearly double the
> size of the offer and raise $15.5 billion from the T3 share sale.

Hardly surprising that the govt had to bribe those after
T2 so comprehensively dudded so many so spectacularly.

> Telstra management covered about 137,000 km over a five week period
> on the T3 investor roadshows having more than 40 meetings in five
> Australian cities and nearly 100 meetings in 18 overseas cities.

Well whoopy ****ing do.

> Management met with about 600 institutional investors and more than 800 retail brokers.

Well whoopy ****ing do.

> Mr Stanhope added: "A key milestone in Telstra's transformation strategy

No such animal.

> was switching on in one day the nationwide Next GT wireless
> broadband network, three months ahead of schedule.

Pity about when you clowns were allowed to turn off the cdma network.

> "This was recognised by the then Finance Minister, Senator Nick
> Minchin, who said the delivery of the Next GT network ahead of
> schedule was very important in sustaining the government's offer."

And then the voters gave the fool the bums rush he so richly deserved.

"Rod Speed" <[email protected]> wrote in message
news:[email protected]...
> Alan Poxington <[email protected]> wrote
>
>> T3 shareholders, consumers and the Australian Government were collecting
>> in a trifecta-win
>
> Only in your pathetic little drug crazed fantasyland.
>
>> with the New Telstra
>
> No such animal.

Maybe its like "New Coke"?

> Only in your pathetic little drug crazed fantasyland.
> Only in your pathetic little drug crazed fantasyland.
> Only in your pathetic little drug crazed fantasyland.
> Only in your pathetic little drug crazed fantasyland.

****, must be wearing out your F11 key . . .

"Michael" <[email protected]> wrote in message
news:[email protected]...
>
> "Rod Speed" <[email protected]> wrote in message
> news:[email protected]...
>> Alan Poxington <[email protected]> wrote
>>
>>> T3 shareholders, consumers and the Australian Government were collecting
>>> in a trifecta-win
>>
>> Only in your pathetic little drug crazed fantasyland.
>>
>>> with the New Telstra
>>
>> No such animal.
>
> Maybe its like "New Coke"?
>
>> Only in your pathetic little drug crazed fantasyland.
>> Only in your pathetic little drug crazed fantasyland.
>> Only in your pathetic little drug crazed fantasyland.
>> Only in your pathetic little drug crazed fantasyland.
>
> ****, must be wearing out your F11 key . . .

The Rod-Bot only has about 6 insults, simply used ad nauseam..

Michael <[email protected]> wrote
> Rod Speed <[email protected]> wrote
>> Alan Poxington <[email protected]> wrote

>>> T3 shareholders, consumers and the Australian Government were collecting in a trifecta-win

>> Only in your pathetic little drug crazed fantasyland.

>>> with the New Telstra

>> No such animal.

> Maybe its like "New Coke"?

Nope, like a steaming turd, actually.

> ****,

No need to bring that **** you clean up in here, you stupid dunny cleaning ****wit child.