Telstra announces agreement to sell its Foxtel shareholding
SYDNEY: Following a strategic and financial review of Foxtel initiated by News Corp, Telstra today announced an agreement to divest its 35 per cent shareholding...
Telstra to acquire Versent for $267.5 million
SYDNEY, AUSTRALIA: Telstra intends to acquire technology consultancy Versent for $267.5 million to help scale its Telstra Purple tech services business, drive NAS growth and...
Telstra will invest $1.6bn in telecommunication and fibre network projects
SYDNEY, AUSTRALIA: Telstra will invest $1.6 billion approximately in two major telecommunications infrastructure projects to support the nation’s digital economy and enable unprecedented levels of...
Telstra partners Australian Gov’t to acquire Digicel Pacific for $1.6bn
SYDNEY, AUSTRALIA: Telstra partnered with the Australian Government to acquire the Digicel business in the South Pacific region for US$1.6 billion. Moreover, an additional US$250...
Telstra Board Directors to retire at AGM
LONDON, UK: Telstra Directors Margie Seale and Peter Hearl announced their intention to retire from the Telstra Board. Margie will be retiring at the company’s...
Telstra investing $277 million to secure 5G spectrum across Australia
SYDNEY: Telstra Corporation has secured 1000 MHz in the 26 GHz spectrum auction, investing $277 million to further extend its leadership in 5G now and...
Telstra plans transition to full ownership for its retail stores across Australia
AUCKLAND: Telstra has announced its intention to transition to full Telstra ownership for its bricks and mortar branded retail stores across Australia. Negotiations with independent...
Ventia wins $570 million Field Optimisation contract with Telstra
SYDNEY: Essential services provider Ventia has announced award of a significant contract with Telstra. The three-year Field Optimisation Contract has estimated revenue of $570 million...