| For the general public, from media reports, the | | | | In August the Australian government also shook up the |
| telecommunications industry is in chaos. | | | | various cosy telecoms relationships in Australia. They |
| However reports show a different story. The | | | | finally revealed the problems Telstra was and is facing. |
| Australian telecoms industry is in good shape | | | | This was something that the industry had been aware |
| particularly since 2000. | | | | of for years. |
| Telecommunications revenues are up by 5.5% in 2005, | | | | As a result Telstra's share price fell to more realistic |
| and it's forecasted to rise another 4.1% for 2006. | | | | levels. In early September the government introduced |
| The average growth for the last five years is 4.6%. | | | | its new telecoms Bill into Parliament. For the full (free) |
| This may or may not have had an impact on why, on | | | | analysis report of the Telco crisis and new legislation |
| 17 August 2005 the Australian Government set in | | | | follow the links below. |
| motion the abandonment of its policy for the | | | | What does this mean for customers? What does this |
| operational separation of Telstra by not selling the | | | | mean for the industry? We can only wait and see. |
| remaining 51% of Telstra shares. | | | | |