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Technology Stocks : TELSTRA Corp. Ticker TLS (ADR)
TLS 5.180+0.4%Dec 26 9:30 AM EST

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To: Harlock who wrote ()2/8/1999 4:35:00 PM
From: BillCh   of 7
 
Has an effective monopoly of the Australian market, for what it's worth. However, this is far from an entrepreneurial operation. Its competitors like Cable+Wireless/Optus could grow much faster in the domestic market, and it stands no chance of succeeding in the Asia Pacific market. There was a much-vaunted rollout of a Hewlett-Packard Broadband (BIDS) facility in major cities but this has turned sour with mounting costs and high charges. Has good international relationships with major players such as Microsoft and AT+T, so will continue to 'own' the Australian territory for these groups.
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