Australia's biggest telco Telstra has set out a process it will undertake this year to enable a restructure that it outlined in November last year.
The former chief executive of the Netherlands-based landline and mobile telecommunications company, KPN, Eelco Blok, has been appointed as a non-executive director of the Telstra board.
ANALYSIS The big news at Telstra's annual general meeting on Tuesday wasn't the fact that the telco reported another drop in profits. Rather it was that the top executives still expected bonuses after another performance that could hardly be described as stellar.
Telstra has taken a hit to its bottom line for the second year running, according to full-year 2018 results released today, revealing net profits fell by 8.9% to $3.5 billion despite a 3% increase in revenues to $29 billion.
European telcommunications industry executive Niek Jan van Damme is set to join the board of Australia’s largest telco Telstra.
Telstra has appointed Texas-based 30-year veteran telco executive, Roy Chestnutt, to its board.
Telstra has appointed its deputy group general counsel, Sue Laver, as company secretary in a straight swap with current legal counsel deputy Damien Coleman.
Telstra has defended its recent poor financial performance as it faces the strong headwinds of stiff market competition and a big hit to its revenues from the national broadband network.
Telstra has accused Vodafone of trying to get a "free Christmas present" on its network by supporting the ACCC's domestic mobile roaming proposal.
Retiring Telstra Chair Catherine Livingstone says the big telco is now set for its next phase of growth and ready to pursue new growth opportunities while servicing its core business.
Dud Swans? Wasn’t Swan one of your colleagues once?
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My head is spinning. Did the Feds just gift Telstra a couple bill to buy a business?
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