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News Source: The Australian
| about 1 year 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.
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News Source: Androscoggin News
| about 1 year 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...
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News Source: The Daily Telegraph (Australia)
| about 1 year 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...
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News Source: Androscoggin News
| about 1 year 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...
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News Source: The Australian
| about 1 year 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...
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News Source: The Age
| about 1 year 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...
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News Source: Androscoggin News
| about 1 year ago
Home » Opinion » Article Telstra has only itself to blame on broadband Paul Fletcher December 17, 2008 Telstra's exclusion from the competitive process established by the Federal Government to build a national broadband network is another example...
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News Source: The Courier-Mail
| about 1 year ago
Telstra by stripping more than $7 billion from the company's market value in just two days. But the telco's chairman Donald McGauchie insists he and chief executive Sol Trujillo still enjoy the board's full support. "Without question," Mr McGauchie'...
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News Source: Sydney Morning Herald
| about 1 year ago
Telstra shares for a second day as their reputation as a safe haven took a heavy battering, amid warnings from analysts that the telecom could face one of the "biggest telco shake-ups of all time". More than $7 billion has been wiped from the company'...
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News Source: Australian Broadcasting Corporation
| about 1 year ago
Telstra shares fell 12 per cent yesterday and a further 3 per cent today, due to the company's exclusion from the Government's national broadband network tender process. Communications Minister Stephen Conroy says Telstra was excluded because it did...