Telstra chief's top-secret phone 'stolen'

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A pickpocket has reportedly swiped Telstra boss Sol Trujillo's new mobile phone which is loaded with top-secret software.

The new software, built by Microsoft and not due for release until the end of the year, was on the phone given to Mr Trujillo at the World Mobile Congress in Barcelona, Spain, earlier this week. 

Experts say Microsoft faces an industrial espionage threat if the software falls into the wrong hands, theDaily Telegraph reports. The phone is believed to be either an HTC Touch Pro2 or the HTC Touch Diamond2, which both utilise the new Windows Mobile 6.5 operating system. The software is so classified journalists at the World Mobile Congress were not allowed to touch the new HTC phones.

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