Sorry, only Theresa's head will do (updated with PC World radio winners)
Telecom's organisation change to separate its retail and wholesale divisions (notably not including cellular), won't wash with punters, or the government. Partly, experience has made us cynical: any ihug, Orcon or Slingshot customer who has waited for a new DSL connection suspects that the, cough, separately run Xtra gets priority.
[The PC World radio winners were Andrew93, Dave Y and Shaun Wright. Check your inboxes, guys]
And CEO Theresa Gattung is still playing a dangerous game, trying to forestall further regulation with the minimal possible concessions to the government (as has been widely noted, Telecom's 'separation' announcement is short on detail). The risk for Theresa is that the mob will like the sound of separation, and the government will happily play to that with legislation that makes it genuine.
The whole 'separation' announcement reminds me strongly of Telecom's earlier effort to forestall regulation by giving rival ISP's a paltry boost in DSL access to 3.5Mbit/s. Theresa badly misjudged in thinking that concession would be enough.
Again, she's miscalculating how the government will react. But even if the 'separation' announcement had more beef to it, it probably wouldn't be enough. Theresa's personality resonates so strongly through Telecom, that most probably won't accept there's a genuine change of direction until she departs.
What do you think? Comment below and be in to win one of three PC World portable radios. They're crappy $12 jobs, admittedly, but they're battery operated - batteries included! - and will see you safely thru the next power cut. (Please allow for a delay, as comments are moderated before going live.)