[LINK] the Telstra TruJerko Trio

[Marghanita da Cruz]

stephen at melbpc.org.au wrote:
> It's about time Link did a job on the Trujillo-troika ...

Stephen,

It is the Board of Telstra's role to  supervise the managment of Telstra 
on behalf of shareholders.

The current shareholders include:-
*Individuals who own shares either purchased in T1, T2 or on the market
*Managed & Super Funds
*The federal government on behalf of the voters of Australia holds the 
major share and appoints directors

After the sell off of T3 the federal government will be replaced by the 
Future fund as the major shareholder, for two years at least. The 
question is whether there will be a change in the board - which appoints 
the CEO and approves the direction and risks they are taking the 
organisation through.

Perhaps we should be directing our concerns, based on whatever interests 
we have in Telstra through the appropriate channels.

It was interesting to hear the Chair of the Future fund, David Murray, 
the ex CEO of the Commonwealt Bank say he recalls stoushes with the ACCC 
through the privatisation of the bank.

We could look at the ACCC as well....but someone else can do an 
explanation of their role....

Marghanita

> 
> Eg, on page 3 of the 'Age Business' today, one reads that:
> 
>   "Telstra has dubbed the ACCC a *renegade agency*  after
> it rejected Telstra's latest proposal to more than double the
> wholesale connection charges for its rivals (and that) rates to
> and from mobile phones increase from 1c /min to 2.2c /min"
> 
> Of course Telstra shares fell another 2 cents at this news. Mind
> this is during the period Telstra pledged not to attack regulators
> during this pre-sale time period. Good on you, Trujerko. Smart!
> 
> I suspect that a fair proportion of Linkers would be happy with
> anything Link may do to help rid us of the three Telstra clowns?
> And, imho, one could be fairly certain Johnnie Howard and Co
> would applaud anything Link may well achieve in this regard :-)
> 
> If Telstra where a sports team we would have dumped these three
> jerks long ago. And, when it happens, if Telstra gives them a huge
> bonus, I'm moving over to Optus permanently.  Piss off Tru-jerko.
> 
> How can one continue to have feelings of loyalty towards Telstra?
> 
> Cheers Linkers 
> Stephen Loosley
> Victoria, Australia
> Note: Normal (polite) transmission will resume forthwith :-)
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> 


-- 
Marghanita da Cruz
Ramin Communications
http://www.ramin.com.au
Phone: 0414-869202
Email: marghanita at ramin.com.au