Marko: the new Theresa?
While no successor to Theresa Gattung has yet been named, Telecom Chief Financial Officer Marko Bogoievski has been very much to the fore with his NetCo suggestion -- that is, that a new, independent company could be created to control the local loop. "NetCo" would be cooperatively owned by all major ISPs, with maybe even the government having a share, says Marko.
The CFO's immediate goal is obvious: to put forward an idea with big enough bang to head-off the government's proposed operational separation of Telecom into retail, wholesale and network divisions before the end of this year -- the latter two potentially very heavily regulated.
Rivals immediately complained that it was no good if NetCo only had control of local loops and their swathes of crusty old copper. To gain their cooperation, it would also have to include some degree of control of backhaul (Telecom's main network). Otherwise, Telecom's monopoly pricing would simply be transferred from the local loop to backhaul charges.
Still, I like the shape of Marko. He speaks more plainly than Theresa, and seems to be under no illusions about the way technology (and his company's local line voice call revenue) is heading. He's also seems willing to compromise, now saying that the (still theoretical, of course) NetCo would control much of the backhaul network.
To get the all-important PC World endorsement (assuming he even wants the top job), Mr Bogoievski would have to back away from some of his delinquent thoughts on Telecom's Australian assets, and advocate ploughing more of the Yellow Pages dough into the company's New Zealand broadband infrastructure. But so far, as Telecom NZ's new figurehead over the past couple of months, the kid's doing OK.