Opinion

Telstra's Great Leap Forward

Stock quotes in this article:S 

And focused they were. In less than 10 months and under budget, Telstra was, on October 6, 2006, the world's first to deploy a nationwide high-speed mobile Internet and turn it on, not in selected markets, but around the entire nation. Telstra's mobile Internet had many other "firsts." It was the first to bring more than 30 live television channels to the small screen while pioneering access to integrated Yellow Pages and go-to maps in an anytime, anyplace mode.

When the performance of the new mobile Internet trumped attacks on his business strategy, his detractors got personal, resorting to slurs on Trujillo's Hispanic background. "Their behavior was as wrong-headed as it was disappointing. But as CEO, my job is to solve problems -- and let deeds in the marketplace, not disputes in the media, answer the naysayers. In my view, action is character -- both for individuals and organizations."

Last year Trujillo returned to the United States. He now serves on the boards of several prominent companies in the U.S., the EU, and China. Some Australians still decry his deliberate American management style and fondness to compete. But, by day's end, he left them with a dazzling nationwide, high-speed mobile Internet that deserves to be the envy of the world.

Keep in mind that Australia is not like other nations with high-performing mobile Internets such as Singapore, South Korea or Japan, where distances are short and population densities are high, reducing the cost and complexity of building high-speed wireless connections. Indeed, Telstra's rapid deployment of a mobile Internet with deca-megabit speeds was achieved in a market characterized by high costs, long distances and low population densities -- not unlike the U.S.

There is clearly no reason for American consumers, U.S. businesses, government agencies and nonprofits to be operating at one-fourth the capacity of those served by this global leader from down-under. American telcos would do better to model future strategies on the larger template of Trujillo's resolute leadership that can induce radical overnight change when nothing less will do -- leadership that harnesses advanced technologies, market-based management, integrated services and a clear vision for the role of wireless embedded in every sector of the New Economy.

>To order reprints of this article, click here: Reprints

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,454.83 1,317.82 2,837.53 17.45
Oil *
107.26
DOWN
74.92
DOWN
2.86
DOWN
1.85
DOWN
0.14
10 Yr
1.74%
SPDR Gold
152.68
-0.60%
-0.22%
-0.07%
-0.80%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet