Telstra CEO David Thodey today announced his retirement from the telco after six years at the helm. We look back at how Thodey transformed Telstra from a much-maligned monopoly to Australia's leading telco.
Signing the $11 billion NBN definitive agreements.
Thodey successfully signed an $11 billion deal with the federal government to roll out the national broadband network in 2011, after the telco (under former CEO Sol Trujillo) was disqualified from a bid for the project for failing to submit a compliant tender. Thodey was able to smooth over tensions arisen between his predecessor and the federal government to sign a deal which saw Telstra decommission its copper network and move fixed line broadband customers to the NBN as it was rolled out - at least until the 2013 federal election.