Independent MP Bob Katter has doubled down on calls for the federal government to buy out Telstra, saying the telecommunications giant has failed to provide an essential “life or death” service to hundreds of thousands of rural customers.
'Life or death': MP Bob Katter calls for federal government to buy out Telstra after telco giant cuts 2,800 jobs from workforce
The Queensland MP said Telstra’s majority shareholder raised a question of “national security” and a “foreigner’s unwillingness to oblige by the universal service obligation”. Mr Katter said Australians in rural and regional areas were “fed up” with paying for an inadequate service and Telstra’s excuse of “too much demand on the network,” citing “hundreds” of complaints from regional constituents experiencing regular service outages and poor phone reception.Telstra said it will save about $350 million annually from job cuts to its workforce by the end of the 2025 financial year while making an $8.4-8.7 billion pre-tax, pre-interest profit.
Telstra CEO Vicki Brady on Tuesday told reporters the company’s proposed job cuts, set to occur by the end of the 2024 calendar year, would kickstart a"reset" of its enterprise business in a bid to simplify operations and improve productivity.
Kennedy MP Bob Katter Telstra Jim Chalmers Michelle Rowland
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