Moguls pay the price for One.
Companies fight over the One. The demise of One. Tel is part of an inevitable process of attrition in Australia that by the end of next year could leave only three or four telecommunications carriers in the market, said Paul Budde, a leading telecommunications analyst. Tel died because it overreached itself by buying expensive mobile telephone spectrum to build its own network in a market already oversupplied. It also lost sight of its core market, he said.