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Subject: Re: another foreigned owned company takes hold

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Date Posted: Thu, Jun 28 2007, 10:57:34am
In reply to: Cool_Guy1 's message, "Re: another foreigned owned company takes hold" on Thu, Jun 28 2007, 09:44:24am

It is a plus, but why does it alays have to be foreign investment that develops PNG.

Why couldn't the government move forward and developed it's own telecommunications system instead of bringing in overseas investors where profits never stay in the country.

The reason phone calls cost more to PNG from Australia, is because some 7 years ago Telstra Australia added a subsidy to all call costs, which was suppose to be used to develop and upgrade the system in PNG. Whether that money actually filtered back into PNG, we will never know.


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