Telstra shareholders: Give us a fair price

Telstra shareholders have expressed disgust at the Federal Government's plan to separate the company during its annual general meeting.

Linked gallery: Photos: Telstra AGM 2009

Other shareholders expressed concern over negotiations between Telstra and the government aimed at vending in assets for the National Broadband Network (NBN).

Joan Templeman, a Telstra shareholder, said she was "quite angry" at the way the government were "holding a gun at Telstra's head".

"If it wants to take-over Telstra's assets to build its own network I think they need to pay a realistic price for them," she said.

Telstra CEO David Thodey could not promise shareholders a "mutually acceptable agreement" with the government.

"Can I promise that a mutually acceptable agreement will be reached? No.

"Do I think there is a pathway to such an agreement? Yes," Thodey said.