Telstra shareholders should shoot the telco's management if it ever agrees to structural separation in order to build the national broadband network, Telstra chief executive Sol Trujillo said today.
The telco exodus which has plagued the Terria broadband consortium over the last week is now over, according to remaining members, who yesterday pledged their support as being "rock solid".
The global economic crisis has made the Federal Government's National Broadband Network plan an expensive and risky proposition which end users won't have the money to pay for, one analyst said this week.
TransACT has decided to pull out of Terria, the consortium bidding against Telstra for the government's $4.7 billion national broadband network, shortly after the departure of two other members AAPT and Soul.
TPG-Soul has pulled out of the Terria consortium today, saying the nation doesn't need a national broadband network.
Australia's second largest telco Optus today said it would not invest in fixed line phone and internet networks in Australia if Telstra was awarded control of the national broadband network (NBN).
Telecom New Zealand and its Australian subsidiary AAPT have withdrawn from the Terria national broadband network consortium just weeks before the November 26 deadline for final submissions, according to reports.
Communications Minister Stephen Conroy today signalled he was unmoved by statements from the Terria telco consortium that the global economic crisis had forced it to seek alternative funding for its national broadband network bid.
Telstra said today that the global financial crisis had forced it to increase the projected cost of building the federal government's national broadband network.
Australian telcos are plowing on with their original strategies despite their share prices following the market down to numbers some might consider to be a right bargain.
Shadow Communications Minister Senator Nick Minchin today said he thought it unlikely a builder for the Federal Government's $4.7 billion national broadband network would be locked in for another 12 months.
Telstra's unions have decided to approach the telco's institutional investors to put the bad word on Telstra's senior management in the lead up to its annual general meeting.
Telstra chief executive Sol Trujillo today said the telco was waiting on more information from the federal government before deciding on whether or not to bid to build the National Broadband Network (NBN).
Tasmanian Liberal Senator Guy Barnett has slammed both the Tasmanian Premier and the Federal Government for not resolving the problem of poor broadband coverage in the state.
Regardless of whether Telstra, Terria or anybody else wins the $4.7 billion national broadband network contract, network hardware suppliers are going to cash in to the tune of billions. We take you through the list of the most likely suspects to win the work.
Chasing Ballmer in Sydney
Where's Ballmer? In this video, ZDNet.com.au journalist Liam Tung chases Steve Ballmer around the stree… Watch it now
NBN needs workers on board
D'Ascenzo: Read p23 of security review
Opening the floodgates on missing drives
'At The Whiteboard' Video Series
Click here to learn more about Microsoft Windows Server 2008 and Hyper-V technology.
Click here for more.
CXO's Unplugged - Real Business Insight
Phil Dobbie interviews business leaders to reveal their thoughts on various management challenges.
Click here to see the latest video.
Printer Superguide
Looking to buy a printer? Our superguide rates the latest printers and shines a light into the industry.
Click here for more.