Archive for August 5, 2006


TELSTRA’S hopes of building a $3.4 billion fibre broadband network have collapsed, with negotiations with regulators set to be abandoned as early as today, landing yet another blow on the federal Government’s plan for the final privatisation of the telco.

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It was announced today that the new(ish) exec at Telstra SOL Trujillo could be earning more from the interest on a $US72 million ($95 million) payout he received in 2000 than he earns each year at Telstra which is a mere $3m.
God Bless Capitalism

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