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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

Kevin Bacon looks back lovingly as he spent filming the hit film Footloose, nearly 40 years after putting on his dance shoes for the role of Ren McCormack. In an interview at Today The musical’s main cast also admired its longevity, and how it was able to garner new fans over the past four decades. ‘I like it. I think that’s great,’ he told co-host Willie Geist, adding, ‘It’s like all the things you think, ‘Oh my gosh, is it going to go away?’ At some point, you have to embrace the beast.’ Scroll down to video Classic: Kevin Bacon, 64, looks back on the time he spent filming the hit film Footloose, nearly 40 years after the release of the musical Bacon, 64, went on to add what a ‘what a gift it is to be a part of that film. I certainly take it very seriously when I do it and I love that people will still come and say they’re just showing it to their kids.’ The Philadelphia native also credits the film’s enduring popularity for the Broadway musical which premiered in 1998, and

Binns once recalled that the young women studying at East Sydney Tech weren’t as promising as some of the boys. Whiteley said it was a common idea in the late 1950s that women should be models or inspiration. Then, as it is now, NAS attracted a very large group of women for small studio-based model classes and intensive tutoring. It was at art school that Wendy was introduced to Brett Whiteley, who worked as a commercial artist for an advertising agency and attended the sketch club and life drawing classes at the Julian Ashton School of the Arts. Shortly after their meeting, Wendy ran away from home and moved into a flat in Kirribilli with a boyfriend to live the “bohemian life”. “I will sew this loose dress, and mine will be covered in paint. I will go barefoot and march through City Hall. It’s all harmless.” East Sydney Technical College in the 1960s at the site of Old Darlinghurst Goal before its name changed. Credit: National Art School From high school art is “the thing I lik