|
June 14, 2003
Due to the lack of internet connection these last three days. due to problems at Iprimus, I have started to scan the business pages looking for what's what in the teleco industry. I see that Iprimus (with a capital investment of 300 million) is in the second tier of the telecos after Testra and Optus. It is breaking even.
Well that's better than being loss-making, collapsed or in administration.----as most of the other second tier telcos.
Still it is highly unlikely that Iprimus will surive the shakeout in the industry that will see consolidation. That consolidation witll result in the dominance of Telstra and Optus plus---just maybe---another player.
Don't you love the market talk. Its all about the survival of the fittest. Judging by whats been happening lately I can expect more disconnection in the future.
|
It seems that there is some sort of mercantile fatalism (as opposed to determinism) about all this consolidation. There was only ever going to be one fittest - with maybe one nominal contender? Not that I am conversant in market speak.