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Australia rids itself of Telecom CEO

  • 26-02-2009 5:30pm
    #1
    Banned (with Prison Access) Posts: 25,234 ✭✭✭✭


    They are sooo happy in Australia as you can see from our spiritual brother board Whirlpool.

    Trujillo was ( ironically :p ) very reminiscent of the pre Australian regime in eircom.

    Say no to everything ,
    Take the piss all the time ,
    Promote obnoxious people like himself to important positions,
    Lie and bluster all the time , etc. etc.

    http://news.cnet.com/8301-1035_3-10172588-94.html?tag=newsLatestHeadlinesArea.0
    "The whole world is turning against the sort of attitude that Trujillo put on display," said Paul Budde, head of telecommunications analysis firm BuddeComm, referring to the fierce campaign Trujillo spearheaded against government regulation during his tenure.

    Trujillo, who is American, joined Telstra, Australia's largest telecommunications company, in mid-2005. He had previously served as CEO of telecom companies US West, Graviton, and Orange. He will depart Telstra on June 30.

    His anti-regulation campaign hit a low point with Telstra's ejection from the Australian government's National Broadband Network tender in December, after the company was found to have submitted an incomplete bid.

    The decision meant the writing was on the wall for Trujillo, according to Budde, who believes it will stand as an ignominious conclusion to a tenure defined mostly by the company's many conflicts with government policy.
    Trujillo "has done some good things, but his legacy will be that he was the one who took on the government and lost," Budde said. Along with Trujillo's upcoming departure, the company announced as a 1 per cent fall in its first-half profit to 1.92 billion Australian dollars ($1.25 billion).

    Trujillo's replacement is expected to be named before his departure. Telstra could well look externally within Australia or overseas, as it did with Trujillo, to bring in fresh blood and build on the infrastructure legacy he leaves behind, said David Cannon, telecommunications program manager with IDC Australia.

    With Telstra's Next G wireless broadband network being boosted to 21Mbps and its consolidation and transition to an all-IP core well under way, Cannon said the new CEO will need to not only manage Telstra's role in the NBN but will need to guide the company to exploit its infrastructure to offer relevant--and profitable--new applications and services.

    Maybe Rex knew about an opening coming up in the Homeland .....and if we end up with an arrogant parasite like Sol it's turn the lights off time for Ireland .

    Even though he resigned it was 'treated' by the company board as a 'termination' meaning they are more than prepared prepared to give him OZ$3m to simply **** off and that this is OZ$3m well spent.


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