I suspect that Telstra Clear is being cleaned up for sale. Why do I think this?
o The Aussie Govt wants to sell the part of Telstra Aussie that it still owns and will want some quick runs on the board (balance sheet). o The new CEO of Telstra Aussie has a history of selling off peripheral assets. His credo, 'When the going gets tough sell something.' o The new Telstra Clear CEO had a pretty mixed record at his last gig, so he can't say with credibility, 'keep it I can turn it around.' o These new plans are probably being implemented at the urging of the merchant bank given the task of flogging Telstra Clear off. (Revenue projections) I am going to make a wild guess and pick Telefonica as the new owner. The subscriber to this list who works at Telstra Clear should rehearse the following phrase; " I for one welcome our new conquistadors." Cheers Ross Drummond On Tue, 15 Nov 2005 20:51, Christopher Sawtell wrote: > > Ultimately, I suspect the majority shareholder, which is the Australian > government. > > See: http://news.bbc.co.uk/2/hi/business/4437812.stm
