The NSW Government has hit back at criticism that its $190 million job creation fund has yielded “drastically low results’, saying the fund is on track to create almost 20,000 jobs for the state by 2021/22.
Telstra has reported a small increase in revenue for the last financial year. The results are solid, without being outstanding.
Recently retired Telstra CEO David Thodey has been appointed chairman of the CSIRO for a five year term. He starts in November.
Telstra has clearly been pencilling in a new CEO for some time, but today it has made the announcement official - Andrew Penn will start on May 1.
After nearly six years as CEO, during which time he has overseen a remarkable turnaround in the company’s fortunes, David Thodey is stepping down as CEO of Telstra.
OPINION. It is almost impossible to believe. Telstra, the former government monopoly that has squeezed billions out of the NBN, with many more billions to come, is now complaining that it will have to raise prices – because of competition from the NBN.
Telstra shares closed at $5.56 yesterday, on the back of solid financial results and a positive outlook. They were last that high in 2002.
It’s happy days at Telstra. All the numbers are up, with a hefty dividend increase, Australia’s biggest telco has announced its financial results for 2013-14. To nobody’s surprise, they are extremely healthy.
Telstra has announced it will acquire Ooyala, the US video platform supplier it had previously invested in. The acquisition represents a major move into the booming global video streaming and analytics market.
Australia's biggest telco Telstra has unveiled plans to turn Adelaide Oval into one of the country's most technically advanced connected stadiums, through a boost in mobile capacity and a 'Telstra Plaza' upgrade.
Telstra will create one of the world’s largest Wi-Fi networks as part of a $100 million-plus project. It is the Wi-Fi equivalent of the NBN.
Telstra is poised to announce plans to build a national WiFi network, at a cost of tens of millions of dollars, at a Sydney event tomorrow.
In its submission to the Vertigan NBN report Telstra has argued in favour of its structural separation – so long as the regulatory framework of the NBN does not change too much.
Telstra has expanded its executive team appointing Mark Buckman as Group Managing Director, Media and Marketing, and Mike Wright as Group Managing Director, Networks. Buckman will replace Rick Ellis, who is leaving Telstra, as chief of the Media Group.
Telstra is ramping up its strategy designed to make it a dominant player in the digital marketplace with CEO David Thodey announcing today that the telco will extensively change the way it interacts with its customers through significant investment in new digital technology over the next three years.
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