Telstra names Thodey new CEO

Australian telco Telstra has chosen to elevate David Thodey, the company's head of government relations, to the CEO post to be vacated next month by Sol Trujillo. Thodey seems like an appropriate choice at a time when Telstra is looking to rebuild what had become under Trujillo an unstable relationship with the Australian government and with Telstra's competitors.

Late last year Telstra shockingly was excluded from a government project to build a national broadband network after its proposal for the project did not meet expectations. Trujillo, who once led Bell company U.S. West, announced his plan to depart a couple of months later.

For more:
- The Wall Street Journal has this story

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Telstra was booted from the national broadband project last December