EDITOR'S NOTE

Good afternoon,

After many years of sweating out its PSTN cash cow, Telstra CEO David Thodey today admitted that Telstra's copper network is running out of steam as he delivered a $222 million half-year loss.

While Thodey was coy on discussing NBN negotiations, it is becoming increasingly clear that Australia's largest telco needs structural change as much as the wider industry does.

-- Brett Winterford

MOST READ iiNet wins! Film industry's case torn to shreds No "three strikes rule" for Australian ISPs iiTrial: Judgement Day (live coverage) Legal experts expect appeal in iiNet judgement Exetel drops infringement policy after iiNet win LATEST COMMENTS "@yertle - exactly. the reposnsibility to teach kids and monitor them is assigned to parents. ..." on Commentary: Think B4 U waste our time and money by AnthonyCaruana' Feb 11, 2010 3:14 PM' ""The IIA does not condone copyright infringement and will continue to push for new commercial ..." on Internet industry rejects Conroy's call for code by Mark D' Feb 11, 2010 3:08 PM'

TODAY ON ITNEWS

By Brett Winterford | February 11, 2010

iiNet judgement changes the game.

By Liz Tay | February 11, 2010

Partnership gives Life Science Labs an IBM Blue Gene.

By Ry Crozier | February 11, 2010

Titstorm still listed as "in progress".

By Ry Crozier | February 11, 2010

Low single digit decline in sales revenues now expected.

By Liz Tay | February 11, 2010

International copyright negotiations urged to go public.

By Staff writers | February 11, 2010

Operations and exercise planning systems.

By Ian Sherr | February 11, 2010

Testbed for new applications.

By Ry Crozier | February 11, 2010

Not feeling the pressure.

By Staff Writers | February 11, 2010

Effective immediately.

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