A Challenge to all those who think Telecom will benefit from Local Loop Unbundling in the long run.

Some commentators are saying that unbundling the Telecom local copper network will improve Telecom as it will be more innovative in it's marketing and services. If you are one of these people you should get out of bed tomorrow and run down to your nearest sharebroker and buy 1000 Telecom Shares. I recommend Direct Broking if you don't already have one.

But, (here's the catch) you have to pay $5.55 per share - which is the closing price of Telecom on the New Zealand sharemarket immediately before the Local Loop Unbundling was announced.

After all, you think the value of the shares just improved, so you paying a discount.