Telstra's former chief executive Sol Trujillo has suggested the federal government's $43 billion fibre-optic broadband network plan may come to nothing.
Telstra chief executive Sol Trujillo has shrugged off the potential financial effects of being excluded from the National Broadband Network process, saying that in a "perfect" scenario, Telstra only stood to lose $1 to $2 billion from its annual revenues.
Telstra has made further investments in China, snapping up mobile and music businesses to bolster its plans to reach $1 billion in revenue from its Chinese media assets by 2013.
Communications Minister Helen Coonan said the federal government won't relax regulations on Telstra just because it has proposed an AU$5 billion hi-tech communications network for the bush.
With Australia now facing an ageing population -- and the added stress of having one of the most geographically dispersed people -- Telstra's CEO Sol Trujillo is talking up the Internet as one way to tackle upcoming health issues.
As the knee-jerk defensive responses to Rudd's "adios" subside and Australia moves on, has Rudd made Australia that little less appealing to the overseas investors he desperately needs to fund his NBN?
In a massive "special edition" of our telco podcast Twisted Wire, we talk to virtually everyone in the telecommunications industry about the break-up of Telstra, including man of the moment, Communications Minister Stephen Conroy.
In the second of our two programs looking at the Senate Inquiry into the Telecommunications Legislation Amendment Bill, we hear from shareholders, bureaucrats and industry groups.
Shareholders got a rude awakening this week as Stephen Conroy made good on industry calls to break up Telstra. Some argue the government has been duplicitous and should be held to account, but those who sit tight may find the new Telstra offers a far better value proposition with better long-term opportunities.
Joe the Shearer can wait. Telstra is clearly going to roll out its NBN in capital cities first, where the most customers live and, despite Telstra's assertions, many residents already have access to decent broadband.
Sol Trujillo has, not for the first time and perhaps not for the last, ignited a furore, this time over his charge that Australians are racist. While his broader comments mischaracterise a country generally welcoming to people of different cultural backgrounds, there is also some validity to them when it comes to the way he was treated during his stint here.
Telstra chief executive Sol Trujillo will leave Telstra in a better position than when he arrived in 2005, but his successor will have to manage plenty of difficult legacy issues.
The remaking of the post-Trujillo era of Telstra continues apace, with Catherine Livingstone starting to put her own stamp on what was a fractious and fractured boardroom.
The appointment of Telstra's new management represents a break from the company's past of friction with the Federal Government and regulators. But, however it is presented, Telstra's stance towards those seeking to reduce it has to continue to be aggressively defensive.
Reading Telstra's submission to the government on NBN regulation is a bit like reading a combination of Dicken's David Copperfield, specifically the simpering character known as Uriah Heep, and Shakespeare's The Merchant of Venice.
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