Displaying items by tag: Andrew Penn

Telstra has announced that it will sack up to 2800 workers by the end of the year, with the main cuts being in its enterprise arm.

New Telstra chief executive Vicki Brady has presided over a 13% jump in the company's annual profit to $2.1 billion for the fiscal year 2022-23, with the telco saying on Thursday it would be putting off the planned sale of the remainder of its InfraCo Fixed division.

Telecommunications sector executive, Andrew Penn, has been awarded the title of Communications Ambassador 2022 at this year’s ACOMM Awards by telecoms industry peak body Communications Alliance.

The global cyber threat environment has intensified and Australia is an increasingly attractive target for malicious actors and cybercriminals, according to a new report.

Telstra has completed the acquisition of Digicel Pacific, after necessary approvals from the government and regulatory bodies being completed, the company said in an announcement to the ASX on Thursday.

Telstra has switched on a brand-new SMS scam filter to better protect its customers from scam text messages, blocking them at a network level before they reach devices.

Telstra announced a boost in the support it offers customers in regional, remote and outer-metro areas by increasing the number of local on-the-ground experts as well as boosting support for community organisations and events.

Telstra's announcement on Wednesday that chief financial officer Vicki Brady would replace chief executive Andrew Penn indicates that there will be no changes to the company's direction in the near future, independent telecommunications consultant Paul Budde says.

Telstra announced the appointment of Elizabeth Koff as Managing Director of Telstra Health, effective from 1 July 2022.

Australia’s economy could be $18 billion larger and more than 42,000 extra full-time jobs could be created over the next decade if the country adopts a hybrid working future.

Telstra has teamed up with the Australian Government to acquire Digicel's business in the South Pacific region for US$1.6 billion (A$2.14 billion), plus an additional US$250 million depending on how the business fares over the next three years.

Telstra announced its T25 strategy to accelerate growth, enhance customer experiences through predictive analytics and localised support, and capitalise on permanent shifts in how people work and live.

Telstra called upon its millions of customers to unite in the battle against COVID-19, as the company gets behind Australia’s vaccination push.

Telstra released its results for financial year 2021, saying it had reached an important turning point in its financial performance and outlook.

Telstra announced that all Australians can now make calls right across the country for free on Telstra’s network of more than 15,000 payphones.

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.

Telstra's success or failure with its new move to split up into three units will depend on how much freedom the parent group gives them to operate, based on what makes financial and economic sense, the well-known independent telecommunications analyst Paul Budde says.

Telstra has announced that it will be splitting up into three entities under a parent company to be known as Telstra Group, with the three being InfraCo Fixed, InfraCo Towers and ServeCo.

In a somewhat surprising display of generosity, Telstra has paid out more as dividends to its shareholders compared to its net profit for the year 2019-20.

Global ratings agency S&P Global Ratings says Telstra needs to remain focused on implementing its T22 strategy as headwinds gather, after the telco revealed a slump in profits for 2019-20 due to the ongoing pandemic and the bushfires in summer.