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-------------------------------------------------------------- This story was printed from ZDNet Australia. --------------------------------------------------------------
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Trujillo makes fun of Labor's broadband plan By AAP December 07, 2007 URL: http://www.zdnet.com.au/news/communications/soa/Trujillo-makes-fun-of-Labor-s-broadband-plan/0,130061791,339284372,00.htm
 Telstra boss Sol Trujillo has bluntly rejected the new Government's proposal for a partnership to build a national broadband network. The Telstra chief executive told The Australian that the company would never agree to the government's suggestion of a form of joint ownership, mocking it as some sort of "kumbaya, holding hands" theory. "We are only going to participate in the things that we own and control," he said. He also argued the new government must direct the competition regulator to back off in terms of limiting the prices Telstra could charge. Instead, he insisted that the company would invest only on the basis that it could charge enough to ensure good returns for its shareholders. The commitment to spend $4.7 billion of public money to fund a new high-speed broadband network was central to Labor's election strategy. But the strong comments from Telstra signal there will be no let-up in the confrontation that marked its relationship with the Howard government and the regulator, the Australian Competition and Consumer Commission, over the past two years. It is also likely to delay any rollout of the digital education revolution in computers and broadband approved by federal cabinet yesterday, with secondary schools able to apply for up to $1 million in funding from March next year.
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