TelstraClear compared to Bambi by CEO

I don’t think I can recall a major company CEO being so scathing about his own company, as this outburst from TelstraClear CEO Allan Freeth. Some highlights:

* TelstraClear is on a “trajectory to disaster”
* The company was being “out-marketed, out-smarted and out-gunned” in the marketplace
* We are not Uma Thurman in Kill Bill, we are more like Captain Feathersword in The Wiggles, all bluster and no action
* Based on our current forecast, we will be anorexic and starving by the end of the this financial year.
* Our Chairman last week accused me of running a company that ‘was out of control’
* We are slowly and gradually losing customers
* We still work in silos and talk about them and us
* People still continue to be focused on their pet projects or the fact they want this or that done regardless of what’s happening around them, the context has changed, its like petulant teenagers throwing a tantrum against the real world.

TelstraClear do need to lift their game in my opinion. I think we are seeing some great innovation from the small to medium ISPs such as Orcon, Callplus, Ihug, Inspire, Woosh etc. plus of course Vodafone. It’s no longer just Telecom vs TelstraClear.