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Sometimes you do wonder if Telstra actually believe in their own bull crap.
The relationship has nothing to do with Opel or a panel examining FTTN, I refuse to call them experts.
The relationship has soured due to the fact that Telstra has a fist full of money and is ready to invest in this country but will only do so if they can get a decent return for shareholders but the government expects them to act as if they were still taxpayer's hands.
The government would prefer to hand out money to a company that has never shown any interest in providing services unless they can make short term profits.
I do disagree with the way everyone keeps mentioning the Singapore ownership of Optus because they will probably do what C&W did years ago and sell it to an even more shady company, look forward to the Chinese government owning our taxpayer subsidised infrastructure.
What's the more likely prospect of :
1) The three amigos backing themselves into a corner with the Coalition.
2) They'll then deflect attention to their poor operational results by flouncing off to the US in a huff, with large golden handshakes, blaming the Government and the ACCC.
I like the Commonwealth Bank's new system where Executive bonuses will be subject to customer satisfaction. Why can't Telstra do that?
I live in regional Australia and your comment of" a company that has never shown any interest in providing services unless they can make short term profits" , sounds exactly like a description of Telstra out here.
I think Telstra's CEO might be writing some of these responses to Coonan. Telstra was badly privatised, should be vertically separated and forced to become a competitive company instead of acting like a monopolistic bully.
Agree with first posted. We have a Comunnications Ministry that would not know a RJ11 socket from her backside.
The bigger hole is her backside.(it needs to be bigger to allow all the nonsense to flow from it!)
I believe the above gutter posting "RJ11 socket from her backside" is quite offensive and out of place. As a shareholder, I'd like to be convinced that it hasn't originated from Telstra.
IT APPEARS MS CONEHEAD HAS LOST THE PLOT FOR RURAL AS WELL AS OUT OF CITY LIMIT USERS FOR B/B BY UTILISING WI/MAX ETC OR OTHERS.tO BE BLUNT THE SHITE DONT WORK THATS IT.SINCE ABOUT 03 TELSTRA STOPPED ROLLING OUT O/F AS IT HAD TO SHARE IT WITH P/ENTERPRISE WHOM DO PAY FOR THE COST OF IT.sO SOD PE AND LET TELSTRA HAVE FULL CONTROL OF NEW B/BB O/P CONNECTIONS UNTIL THE END USER HAS PAID THE COST OF IT.WHAT IRKS ME IS TELSTRA HAS SOLD MOST OF ITS VEHICLES TO INSTALL O/P (LOOK IN UNIQUE CAR MAG THEY ARE NOW 6WD CAMPER VANS WHAT A WASTE).OUR FED GOVT MUST AT ALL COST INSTALL LANDBASED CONNECTIONS OF O/P ASAP TO SOLVE THE PROBLEM.BETTER STILL BUY BACK A MAJORITY SHARE IN TELSTRA AND SACK THE ADMIN AND RE EMPLOY THE STAFF JOHN DISMISSED AT A REG SALARY NOT MILLIONS OF BUCKS AS IT STANDS. SHAREHOLDERS SUCK AS FAR AS I AM CONCERNED PAY EM OFF SO THE PROBLEM IS ERADICATED.JH,GOVT.INC HAVE A LOT TO ANSWER FOR THIS MESS THEY HAVE CAUSED AFTER ALL TAX PAYERS PAYED FOR OUR LANDLINES NOT HALFWIT SHAREHOLDERS.I AM LIVID WITH RAGE AT THE BUMKIN ATTIDUDE FOR SAT CONNECTION WHICH IN REAL TERMS ARE FOR USERS ON THE MOVE NOT STATIC USERS RUNNING BUISNESS. HOW STUPID CAN YOU GET.ONE ANGRY VEGIEMITE.
We have a Coon Head and a SCREAMING angry Vegemite; both seem to have differing views but one thing in common... disconnection from reality.
In a closed market environment government ownership will work because there is nobody to compete with and standards are set by them, we are no longer in the past. There are multiple providers and the whole reason Telstra was sold off was because the Government admitted it was in the best interests of the country not to have a government run company when they have to try and compete with other privately owned telecommunications companies.
What has changed in the last few years? Everyone kept saying the government run Telstra was unreliable, provided poor service and was behind the times. Based on measured facts and not rhetoric we know a privately owned have improved reliability, service and are now leading the world in product development.
The writer of this last comment obviously likes their investment in the privatised monopoly that is Telstra. I agree that privatisation is the way ahead, but when you privatise a monopoly, you need to think about it a little better than was done with Telstra. Someone made an absolute mess of it. Was it the politicians or the public servants or both together?
Telstra's infrastructure elements should have been placed in a specialist company and the more competitive elements in another company, not lumped together for power and profit hungry, bonus motivated managers to control against the greater interests of everyone but themselves!
Your comment is about the most sane thing on this ZNoTelstra site, unfortunately the milk has been spilled and we need for find a solution. Complete separation of the copper and exchanges seems to be the only answer but how do we do it to keep the majority happy and to keep it Australian.
Yes Peter, you are half right, I used to like my investment in the privatised Telstra, for obvious reasons, but in the main, as a safe long term investment. But how do you think one feels now, when the high paid yanks move in, totally stuff up the working relationship they should have with the Government and the Australian public, and get paid such enormous amounts of money whilst doing so. To add insult to injury, they are now asking Telstra shareholders to back up their attitude towards the government. They have to be kidding ! However, this still does not give Helen Coonan the right to favour another offshore Telco ahead of Telstra, without in-depth and unbiased consideration. After all, it was her government that talked mugs like me into believing that Telstra was such a fantastic opportunity at the price they unloaded it on us, which was well before all this bickering took place.
If you were being bullied you would have too choices. Sit back and take it so you don't caused much of a fuss or stand up for yourself and although you mag get beaten up in the short term you know in the longer term the bully would show his true colors and back
The old CEO was happy to keep taking a beating from the government and look what happened. The new CEO doesn't care if he makes friends he just wants to go home each day knowing he is improving the company for clients & shareholders and without a black eye.
Ziggy was and still is a yes man to the Libs but now the government's true colors are showing, in the long term I know which side will still be standing.
And now the question. Which path would you have taken?
Before you say anything ... the first sentence should state two choices, not too choices.
Steve, I do not pretend to be an expert on this, and perhaps I am simply being greedy and naive, in the hope that the shares I hold in Telstra have been a worthwhile investment. And so when I see all this broohaha going on, with Coonan appearing to show an anti-Telstra bias and Telstra in return going off to court at the drop of a hat, to try and prove her wrong, tends to make me wonder what the hell is going on. On top of which the Telstra executives appear to be paid exhorbitant amounts of money for what. Getting the Government totally offside, which in turn lessons their chances of ever coming up with a win-win situation. There has to be a better way of resolving the issues, and stop carrying on like a couple of disgruntled school kids ?
As a Telstra shareholder, I am appalled at what is going on between Helen Coonan and Telstra now that the Government have shed control of the Telco.
None of this nonsense was going on, when the Government was offloading Telstra shares to the Australian public, at prices much higher than what the market perceived it's value to be. In fact on the contrary, we were being led to believe that they were a very good investment.
What are we supposed to believe now ?
As for the unbelievable amount of money that is being paid to those "damned Yankees", I for one wish that Ziggy was still steering the ship !
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Jaw-wagging - the only thing Coonan knows how to do.
Oh by the way - you liberals want to privatize national infrastructure, this is what you'll get!