Telstra’s profitability has taken a big hit from its disastrous investment in US-based business Ooyala with the big telco reporting profit for the six months to the end of December plunged by 5% to $1.7 billion compared to the previous half year.
Telstra has announced "a major step forward in the development of the Internet of Things in Australia with the successful deployment of Narrowband technology in its IoT Network", with some of the details announced at CES 2018 in Las Vegas where iTWire was present.
Telstra is gradually closing in on the halfway mark in its rollout of 577 new base stations to eradicate mobile black spots across regional Australia.
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