wake up thodey or resign, page-2

"Company veteran and chief financial officer John Stanhope is perceived by the government to be the main obstacle to any deal because he refuses to budge on valuations of the telco's copper wire ducts and customer migration."

Stanhope and Telstra need to be realistic about what their ageing copper is actually worth. In my opinion, the only way forward for TLS is to swallow their pride, accept the Govt's generous offer for the copper and start co-operating with ALL parties about how to really improve Australia's communications industry that benefits all Australians and also benefits the market participants, Telstra included.
Let's see a new re-vitalised Telstra that the public can be proud of rather than the inefficient "too may chiefs" company that Telstra is today. Telstra's directors are paid huge salaries. Do they really add value? In my opinion, they are all about job preservation rather than really growing this business.
How can Thodey and Stanhope look shareholders in the eye and say they are doing their best for shareholders? They seem to be caught in a time warp from which they actually do not want to escape. It's too comfortable where they are.