Telstra’s double act of Sol Trujillo and Donald McGauchie is engaged in a high-risk two-step with the Government over the building of the national broadband network. The wrong outcome could cost both of them their jobs. Matt O’Sullivan reports for Fairfax Media.A short walk from the White House, a coterie of corporate and political leaders had gathered for a three-day gabfest to network and chat about the financial meltdown. The who’s who at the Fortune 500 Forum on December 1 included the US Treasury Secretary, Henry Paulson, the former US secretary of state Madeleine Albright and chieftains from Time Warner, Pepsi and Kodak.Solomon D. Trujillo was also on the invite list. Telstra’s boss had flown in for the conference at the plush Ritz-Carlton on that early winter’s day. The newly renovated hotel on 22nd Street boasts a “sophisticated haven of luxury and service in the heart of the district”. Even downturn, rooms cost as much as $US5800 ($8000) a night.To read this Fairfax Media report in full, see:
business.smh.com.au/business/it-takes-two-to-tango-20090109-7dok.html
business.theage.com.au/business/it-takes-two-to-tango-20090109-7dok.html
Telstra: It takes two to tango
Telstra’s double act of Sol Trujillo and Donald McGauchie is engaged in a high-risk two-step with the Government over the building of the national broadband network. The wrong outcome could cost both of them their jobs. Matt O’Sullivan reports for Fairfax Media.