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The split of InfraCo Fixed has the potential to create a business worth at least $30 billion, considering that it is seven times that of InfraCo Towers. Chanticleer’s $30 billion estimate assumes an EBITDA valuation of 20 times conservative. Those wishing to judge Penn on the decline in stock prices since his May 2015 appointment should not ignore the brutal external environment in the telecommunications sector during that period. Scramble for mobile market share In the last decade, the industrial economy has been very bad. Capital investment in fixed and mobile telephone infrastructure has doubled, but revenues have remained the same. Some observers will blame this on Penn and its partners, who are involved in the struggle for share of the mobile phone market. Penn made a conscious decision to maintain Telstra’s share of mobile and this helps explain why average revenue per user plunged in the four years leading up to 2020. Only in the last 18 months to two years the dynamics of th

In the last interview Farewell to Neighbors, Ramsay Street matriarch Jackie Woodburne shares his thoughts on a lasting partnership with actor Alan Fletcher, and reveal favorite storylines. Over 28 years Jackie Woodburne and Alan Fletcher grew to embody the heart and soul of Ramsay Street. Susan and Karl Kennedy are soulmates, faithful parents, wrong partners, wise guardians and mentors. Woodburne and Fletcher are also drama virtuosos. Scenes between the couple are often described as ‘one takes the magic’ because the chemistry between the two, so obvious to viewers, means each can read the other in the moment. “There is trust. The dynamics were perfect from day one,” said Jackie Woodburne Television Tonight. “We got each other, and with 28 years working together, it’s like a wedding. “We see each other on our best days and on our worst days, and we love each other through it all, so work never suffers. “Work has always been our happy place” “And work has always been our happy place.