28 Dec
2003
28 Dec
'03
11:39 a.m.
They aren't allowed to raise it by more than the CPI each year, and they raised it by three years' worth last time (which was about this time last year, IIRC). What a shame the drafters of the Kiwi Share didn't have the foresight to consider that TCNZ's cost of operation might actually go _down_, and put in a clause with that contingency in mind - I don't think anyone believes it's actually costing Telecom more this year to provide the same level of service as last year. -- Matthew Poole Auckland, NZ http://www.p00le.net "Three pills a day keeps the voices at bay" Matthew Poole