Originally Posted by
SparkyTheClown
Foreigners tend to like NZ because we offer superior yield to their domestic markets, and offer transparency, rule of law, etc etc. I for one welcome foreign investment in Chorus and any NZX listed company (though I understand the point you are making)
I don't believe Chorus is any less desirable to other investors simply because its market is wholly NZ based. It has become less desirable because of regulatory uncertainty.
I simply don't believe that local investors have any better claim than foreign investors in controlling the NZ broadband rollout when
- the fibre rollout is in partnership with the government (who clearly are the customer)
- the Commerce Commission is the one currently in the driver's seat because of regulatory creep
- the govt will set future direction by virtue of the impending Telco Review, potentially overriding the ComCom (fingers crossed)