Showing posts with label Telstra. Show all posts
Showing posts with label Telstra. Show all posts

Wednesday 27 May 2009

One last nasty shot from Sol Trujillo and one Telstra customer's reply

Sol Trujillo came in as CEO of Australia's main telecommunications company, Telstra, in the wake of an unpopular part-privatisation of this federal government business unit.
He leaves after less than four years with (by Australian standards) an obscene amount of money in his pocket, after presiding over a prolonged share worth loss which saw many ordinary mums and dads lose money and customer complaints about the telco's service rise by 240% to record levels.

Yesterday ABC News ran an audio bite which had Sol hitting out at his lucrative milch cow in a very nasty fashion by accusing us of being racist towards him.

Now there is no mistaking the public perception that Sol was arrogant and inept as Telstra's chief executive officer, however I doubt that this view had a racist basis.
If anything the dislike was initially a cultural response to his particularly aggressive US-style of business management and communication, which was perceived through Aussie eyes as common hustling.
Over the couse of his time at Telstra initial attitudes became entrenched as downright animosity when he demanded and got those fat, fat, fat salary packages - around AU $13.4 million annually in 2008 and a generous tax break on leaving the company.

In fact the principal mention of Sol Trujillo's racial ancestry can be found in his own boasting bio blurb.

So, Sol; your ancestry was never an issue with the Australian public - it was your bl**dy grasping greed!
And that's the honest opinion of a fair dinkum Telstra customer.

Pic from Granny Herald "catch the vision or catch the bus" article in July 2005.

Saturday 11 April 2009

Radio interview with the Minister of Silly Walks concerning the $43 billion national broadband network and Internet filtering trial

A big thanks to Mark Newton for tweeting a link to this Stephen Conroy interview.
When addressing the ISP-level filtering live trial it is almost classic Monty Python.

NewtonMark Conroy sets pants on fire as a defensive measure to stop Kate O'Toole from kicking his arse: http://is.gd/rGrm #triplej #nocleanfeed

Graphic from Google Images

Friday 27 February 2009

Don't forget to count the silver as he leaves.........


It's finally been announced that Sol Trujillo is quitting as Telstra's CEO in June 2009, after a less than stellar career which also saw him receive salary packages which turned many an Aussie corporate type green with envy:
Notwithstanding his substantial wealth, the Telstra board authorised payments to Trujillo of $8.7 million in 2006, $11.78 million in 2007 and $13.39 million in 2008 (Trujillo's 2009 remuneration will be revealed later this year). Remarkably, Trujillo also managed to receive between 86 and 88 percent of his short-term cash bonus in any of those three years, despite Telstra's share price underperforming rivals such as AT&T and SingTel.
Here in the Northern Rivers Telstra's mobile phone service is still patchy, Big Pond internet connections frequently don't operate at advertised speeds and retirees who included telecommunications stock as part of their nest egg are severely disappointed because Telstra share prices went down under Trujillo and stayed there.
When Sol left US West Communications he was said to have walked away with a cool US $72 million in his pocket.
We don't know how much Sol will get in his latest golden handshake, but will someone please count the family silver as he exits the country.