Sunday, July 02, 2006

Sweetest Thing

Just get back in the door after having a squizz at Labour HQ in Fraser House, and lo and behold David Cunliffe has announced the best news in yonks. Local (and sub-) loop unbundling and infrastructure investment in fibre, etc is bloody great.

I can't understand all the bitching going on over at DPF's. Telecom and its shareholders have had ample time to anticipate something along these lines. Labour have foreshadowed this for months. Like a steamroller accident in an Austin Powers movie, I have no sympathy for short-term speculators caught on the spot. Long-term investors have little to fear. This kick in the pants is just what Telecom needed to change its zero-sum mentality.

(Originally posted 3/5/06)