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Telstra to fight bar on broadband bid

Source: The Australian

Sydney : Australia | 11 months ago

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Government, marshalling its lawyers for legal action and gearing up to go it alone with a high-speed broadband network after being tossed out of the tender process for a $15 billion publicly-backed national network. But the company now risks losing its grip on the lucrative fixed-line market for broadband...

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More News From: Sydney : Australia

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News Stories

Pressure on Telstra chiefs as shares dive

News Source: The Australian | 11 months ago

Telstra chairman Donald McGauchie and chief executive Sol Trujillo to take responsibility for wiping $7.5 billion off the group's market value, after being responsible for Telstra's surprise early exit from the national broadband network tender.
TMCnet.com: Heat on bosses as Telstra dives

News Source: Androscoggin News | 11 months ago

Investors are angry at Telstra CEO Sol Trujillo and chair Donald McGauchie, blaming their confrontation course for the telco being dropped from the Australian Government's broadband network tender. The move has caused the company's market...
Trujillo under pressure after net blunder

News Source: The Daily Telegraph (Australia) | 11 months ago

S failure to submit an adequate tender for the national broadband network (NBN) was a monumental blunder that will cost the telco dearly, analysts claim. The company was sensationally knocked out of the race to secure the Federal Government's $10...
Melbourne Herald Sun, Australia: Wrong number

News Source: Androscoggin News | 11 months ago

THE bottom line in the relationship between Telstra and the Government over a braodband network is how much customers will pay and how many homes it will reach. Add to that how long will it take to roll out the network and you have an under-standing...
Telstra targets down after ban

News Source: The Australian | 11 months ago

The price downgrades came as Telstra's market value continued to slide yesterday following its surprise removal from the $15 billion national broadband tender on Monday. Telstra has lost almost $7.5 billion in market value since news of its exclusion...
Brokers forecast more Telstra falls

News Source: The Age | 11 months ago

Telstra boss Sol Trujillo after brokers forecast a fall in the company's share price over the next year following the Government's decision to shut the telco out of the bidding for the national broadband network. Telstra lost a further $1.4 billion...