Telstra

Telstra Gives Its Annual Report

Telstra Gives Its Annual ReportToday, Telstra the biggest telecom company of Australia reported that its subscriber base for mobile now numbers at 16 million and that the company has added about 1 million new subscribers in the financial year 2013-2014.

Telstra to sell its directories business, Sensis for $3b

Telstra to sell its directories business, Sensis for $3bReports say, Telstra is in talks with a United States private equity firm to sell its directories business, Sensis, for $3 billion.

In an attempt to turn the telco's focus to its technology packages and PAY-TV bundles, David Thodey the company's CEO is believed to be ready to sell the directory business as the company adapts to the digital media landscape.

Telstra near eight-year highs after announcement of $2b CSL selloff

Telstra near eight-year highs after announcement of $2b CSL selloff Shares of Telstra are trading at nearly eight-year high after it announced the sale of its 76.4 per stake Hong Kong mobile business CSL to Hong Kong Telecommunications for $2 billion.

Telstra shares have risen 18 per cent this year. The company's shares closed up 0.9 per cent at $5.20, just off the eight-year high reached in October this year of $5.23.

Telstra all set to sell HK mobile business CSL to HKT for $2b

Telstra all set to sell HK mobile business CSL to HKT for $2bTelstra (ASX: TLS) today announced its aim to sell its Hong Kong mobile business CSL to Hong Kong Telecommunications (HKT) for US$2.425 billion.

The decision to sell its fast growing business may come as a shock to many shareholders however David Thodey the CEO said, "Telstra had enjoyed considerable success in Hong Kong however this was a great opportunity to maximise shareholder value."

$25-Million Deal between Telstra and Fred IT Group

TelstraNearly 50% shares have been bought by Telstra in health technology provided by Fred IT Group. The deal is estimated to be around $25 million.

Fred IT Group is a trader in IT services and medical dispensing software to pharmacies. This part is owned by the Pharmacy Guild of Australia.

Telstra has a maximum speed of 42Mbps modem

Telstra has a maximum speed of 42Mbps modemThe latest USB modem is built on the same dual-channel HSPA as an offer from rival Huawei and operates on Next G network of Telstra.

While both dongles have maximum theoretical speed of 42Mbps Telstra claims users can reach 20Mbps speed typically 5 km of the capital city central business districts and more than 1.1Mbps other hubs selected metropolitan and regional centers.

Telstra is going to invest around $1 billion in its business

Telstra is going to invest around $1 billion in its businessThe regular fall in the share price in the stock market has created concern for the telecom giant of Australia Telstra. The situation is getting worse for the company day by day and it seems that it will not be an easy task for the company to recover from the disaster as the crisis persisting for the company day by day.

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