Telstra CEO Andy Penn stated the obvious to investors when he said Australia’s dominant telco was no longer a telephone company. He outlined a vision for the future, which will see the company further transform itself into a media and “world class technology” business.
The Andy Penn management restructure at Telstra continues with the appointment of three senior executives following the announcement that Retail Group Executive Gordon Ballantyne will leave the telco at the end of this year.
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