Telstra shareholders travelled from far and wide to vent their frustrations as owners and customers to the telco's chairperson, Catherine Livingstone and chief David Thodey.
Telstra director Peter Willcox has stood down from the Telstra board three months early due to his involvement in the James Hardie asbestos law suit.
Telstra's broad strategy would remain unchanged, the telco's incoming chief executive David Thodey told journalists this morning, following confirmation of his appointment.
Telstra has announced that its chairman Donald McGauchie has resigned, on the same day that the company appointed its new CEO David Thodey.
AAPT has not yet had any discussions with the Federal Government about a possible role in the $43 billion National Broadband Network, its CEO Paul Broad said this week.
As Rudd and Conroy railroad the NBN into reality, the Liberals are trying to inject some due process into the whole thing by holding Labor accountable for its decisions. However, with the future of Australian telecoms on the line and no real viable alternative, is it just a bit late for accountability?
Pigs are flying in flocks as Telstra has a change of heart on separation. Given the vitriol of the past few years, Rudd and Conroy deserve credit for bypassing the copper loop and, in so doing, bringing Australia's most big-mouthed telco in line at last.
Telstra's 21Mbps Next-G boost and Internode's new 100Mbps FttH networks may be both companies' show ponies, but when it comes to helping most of us, their need-for-speed posturing is just a box-and-dice distraction that we've all seen before.
Like many, I expected Telstra's dismissal was inevitable, given that it had openly flouted the NBN's guidelines and attempted to bend the process to its own wishes. But who would have expected it so soon?
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.
The story of how Telstra lost its network is one of hubris and bungling, of misreading the play in Australia by men from the US who thought they knew everything already. Shareholders should never forget this.
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.
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.
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.
The not-so-secret campaign by the Future Fund to evict Donald McGauchie from the chair of Telstra's board doesn't appear to have gained much traction. It is also unclear whether it was necessary.
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