Utterly and completely WRONG! A close mate had his record cleared due to a non-payment of a rates notice. As long as you pay it most companies that have lodged the default agree to remove the judgement. Not sure where you got your info from Gruntus.
Pay the bill and ask the telco to set the judgement aside. Most will oblige but you will need to engage a solicitor. Your solicitor will then apply at the Magistates and have a date set. The end result is that you will have it removed but may have to jump a few hoops - eepecially if the telco...