|Traded as||ASX: TLS
OTC Pink: TLSYY
|Founded||12 June 19751|
|Headquarters||Telstra Corporate Centre
|Key people||David Thodey (CEO)
Catherine Livingstone (Chair)
|Products||Fixed line and mobile telephony, Internet services, digital television|
|Revenue||A$25.5 billion (2013)2|
|Profit||A$3.9 billion (2013)2|
|Total assets||A$39.525 billion (2012)2|
|Total equity||A$11.689 billion (2012)2|
Telstra Corporation Limited (known as Telstra) is Australia's largest telecommunications and media company which builds and operates telecommunications networks and markets voice, mobile, internet access, pay television and other entertainment products and services.
Telstra has a long history in Australia, originating as a government department, the Postmaster General together with Australia Post. Relatively recently, Telstra was fully privatised and has been undergoing a change program to become more "sales and marketing led" under its current CEO, David Thodey.
The federal government's National Broadband Network (NBN) is imposing structural and regulatory changes on Telstra, the full extent of which are yet to be played out.
- 1 History
- 2 Strategy and execution 2010 onwards
- 3 Products and services
- 4 Mobile networks
- 5 Market position
- 6 Management
- 7 International holdings
- 8 Selected events
- 9 References
- 10 External links
Australian telecommunications services were originally controlled by the Postmaster-General's Department (PMG),4 formed in 1901 as a result of Australian Federation. Prior to 1901, telecommunications were administered by each colony. On 1 July 1975, separate commissions were established by statute to replace the PMG. Responsibility for postal services was transferred to the Australian Postal Commission (Australia Post). The Australian Telecommunications Commission (ATC), trading as Telecom Australia, ran domestic telecommunication services.
In 1989, the ATC was reconstituted as the Australian Telecommunications Corporation.
In 1992, the Overseas Telecommunications Commission, a separate government body established in 1946, was merged with the Australian Telecommunications Corporation into the short-lived Australian and Overseas Telecommunications Corporation (AOTC) which continued trading under the established identities of Telecom and OTC. The AOTC was renamed to Telstra Corporation Limited in 1993. The name "Telstra" is derived from the word Telecommunication Australia (TEL from Telecommunication and STRA from Australia). The corporation then traded under the "Telstra" brand internationally and "Telecom Australia" domestically until uniform branding of "Telstra" was introduced throughout the entire organisation in 1995.
Telstra has faced competition since the early 1990s from Optus (Australia's 2nd largest communication company) and a number of smaller providers. It retains ownership of the fixed line telephone network, as well as pay TV and data cable network Foxtel. Other companies offering fixed line services must therefore deal with Telstra, except Optus, Transact and a few others who have installed their own infrastructure.
The Overseas Telecommunications Commission (OTC)5 was established by an Act of Parliament in August 1946. It inherited facilities and resources from Amalgamated Wireless Australasia Limited (AWA) and Cable & Wireless, and was charged with responsibility for all international telecommunications services into, through and out of Australia.
On 1 February 1992, it was merged with Australia’s domestic telecommunications carrier, the Australian Telecommunications Corporation Limited ("Telecom"), to create the Australian and Overseas Telecommunications Corporation Limited (AOTC). The new organisation underwent a corporate identity review and was subsequently renamed Telstra Corporation Limited ("Telstra") for international business in 1993 and domestic business in 1995.4
When first established in 1946, the OTC inherited facilities which had been depleted during World War II and faced rising costs and falling profits. From this tenuous beginning, the organisation was to grow over the years to gain world standing on the international telecommunications stage.citation needed
Throughout rapid developments in undersea cable networks, global satellite systems and burgeoning digital technologies, the OTC maintained a keen watch over its services to ensure continued quality. It also maintained and developed its links with maritime services, one of the initial arms of Australia’s international telecommunications network.!
Telstra was privatised in three different stages, informally known as "T1" ($3.30), "T2" ($7.40) and "T3" ($3.60) in 1997, 1999 and 2006 respectively.46 In T1, the government sold one third of its shares in Telstra for A$14 billion and publicly listed the company on the Australian Stock Exchange.6 In 1999, a further 16% of Telstra shares were sold to the public, leaving the Australian government with 51% ownership. In 2006, T3 was announced by the government and was the largest of the three public releases, reducing the Government's ownership of Telstra to 17%.7 The 17% remainder of Telstra was placed in Australia's Future Fund, which will provide superannuation and pensions for Australia's public servants.8 In 2009, the Future Fund sold off another $2.4B worth of shares reducing the government's stake in Telstra to 10.9%.9 In August 2011, the Future Fund sold its remaining "above market weight" Telstra shares, effectively completing Telstra's privatisation.10
On 26 November 2008, Telstra submitted a non-complying tender issued by the federal government to build a National Broadband Network, a 12-page letter proposing a $5 billion broadband network covering between 80 and 90 per cent of the Australian population in major cities, despite the tender requiring 98 per cent coverage.1112
As a result, Telstra was removed from the National Broadband Network RFP process on 15 December 2008.13 In response, Telstra has announced that it will raise speeds on its existing Next G network and HFC "cable" network so that they both offer higher speeds than the RFP for the NBN requires.14 Following Telstra's exclusion from the National Broadband Network bidding process Telstra's share price suffered the biggest one day percentage fall in its history.15
NBN Co signed a definitive agreement with Telstra on 23 June 2011, estimated to be worth A$9 billion post-tax net present value,16 building upon the signing of a financial heads of agreement a year beforehand.17 Telstra agreed to "disconnect"18 its Internet customers from the copper and hybrid fibre-coaxial networks in areas where FTTP has been installed, and agreed to lease dark fibre, exchange space and ducts to NBN Co. As part of the agreement, Telstra would not be able to market their mobile network as an alternative to the NBN for a number of years.16 Telstra remains the owner of its networks.19 On 18 October 2011, Telstra shareholders overwhelmingly approved the deal.20
On 15 September 2009, the Australian Government announced new plans to structurally separate Telstra into two separate entities; a retail and wholesale arm.21 Senator Stephen Conroy, Minister for Broadband and Communications, had stated to Telstra that the company can either "break itself up or (the government) will do it for them".22
Early in 2010, Telstra announced the creation of a $1b "fighting fund" to be used in a concerted effort to win back market share in key product categories. This effort seems to have paid off with strong sales momentum announced in February 2011.24
As part of its new strategy, Telstra announced that its "goal is for customer service to be fundamental to everything we do".25
For the financial year ending June 2011, Telstra saw TIO complaints drop by 3% to 78,949.26
The following table shows total complaints handled by the Telecommunications Industry Ombudsman, and of those, the ones made against Telstra.
|Year||Total complaints||Complaints about Telstra||Source|
In February 2011, Telstra announced the formation of Telstra Digital under the leadership of Gerd Schenkel who was hired from National Australia Bank/UBank.313233 Telstra Digital's initial purpose is to improve the use of digital channels for customer service. In March 2011, Telstra Digital launched new mobile phone plans that include electronic bills and payments and levy a $2 charge for paper bills.34 In April 2011, Telstra Digital relaunched its web homepage design.35 In July 2011, Telstra Digital launched "CrowdSupport", an online forum to crowd source customer service.36 This was later copied by rival Optus.37 As of July 2013, Telstra's "CrowdSupport" had 65,000 members and 77,000 posts.38 It was also cited as an example of "scaling at the edge" by Deloitte's Centre for the Edge.39
In August 2011, Telstra Digital announced expansion of customer service into social media with 24/7 coverage.40 In June 2013, Telstra was ranked ninth in large Australian companies in its Facebook presence 41 and in May 2013 Telstra was ranked fifth globally in the quality of its customer service on Facebook.42 As of August 2013 Telstra 24/7 now ranks #1 in the quality of its customer service within Australia, ousting Vodafone and Optus at 3rd & 4th respectively.42
By November 2012, Telstra claimed 140,000 live chats for the month and a growth rate of this service of 600% p.a.43
In October 2013, Telstra announced that it had grown its Live Chat workforce to 600 and its Social Media workforce to 30.44
In September 2011, Telstra Digital launched a new account services portal to help achieve its goal of managing 35% of Telstra's transactions45 In February 2012, Telstra Digital announced it had achieved 28% of Telstra's transactions online.4647 In November 2012, Telstra announced it had achieved 35% of its service transactions through digital channels "about 9 months ahead of target".48 In September 2013, Telstra disclosed that 40% of transactions were "now completed online".49
In October 2011, Telstra Digital announced a new mobile smartphone optimised version of its website.50
In November 2011, Telstra Digital launched an iPhone app on a trial basis51 as well as a new online mobile phone shop.52 In July 2012, Telstra Digital launched smartphone and Facebook apps for customers to manage their Telstra accounts53 and in November 2012, Telstra claimed that over 700,000 customers had downloaded those apps.54 In August 2013, Telstra revealed that the apps reached 2.5m downloads.55
At a results announcement, CEO David Thodey remarked that "the group’s new online strategy was delivering" in the context of a 28% reduction of inbound service calls.56 Telstra estimated that its digital program will provide productivity benefits of $100m in the 2013 financial year from lower printing costs, decreasing commissions to third parties, and reduced dependence on call centre staff.48
In December 2012, Telstra published a white paper describing the broad impact of the digital economy and what firms in traditional sectors can do to deal with its impact.58
In February 2013, Telstra introduced the ability to pay its bills via PayPal.59 And in June 2013, Telstra launched a new website, including the ability for customers to link their online accounts to their Facebook identity.6061
In 2013, Telstra launched a new loyalty scheme called "TELSTRA THANKS" which allows customers to buy discounted movie tickets, music and sports tickets on its website.6364 As part of this program, Telstra streamed live the Bon Jovi concert in December 2013 on its website.65
In October 2013, Telstra launched a new "budget" broadband brand called "Belong".66
In March 2014, Telstra announced a new digital development program called "Digital First" as part of the corporation's aim to generate A$1 billion worth of cost cuts by 30 June 2014. The implementation of Digital First will mean that Telstra will learn from the practices of online corporations such as Google and eBay so that it eventually conducts 65 to 70 per cent of its transactions online, which meets the national Australian average. Schenkel stated that Telstra seeks to grow online sales by an annual rate of 20 per cent, leading to a corresponding decline in telephone and retail patronage.67
|Digital service transactions share||26%||44%|
|Digital customer contacts||10m||23m|
In February 2011, Telstra announced the creation of an additional 100 retail stores within three years.31
Telstra owns and operates a series of retail stores known as Telstra Stores. Some are directly owned and operated by the Telstra Corporation and some are operated by licensees.69
These developments built on Telstra's T[life] concept stores it had launched in the early 2000s.71
In October 2011, Telstra launched a new brand identity and colour scheme.72 The new identity launched with the slogan "It's how we connect", and features the 'T' from the previous logo in a variety of colours. This was followed by a "brand refresh" in February 2014.73 In 2013, Telstra was asessed as Australia's third most valuable brand. 74
Telstra and Nintendo Australia made a joint venture to establish Wireless Wi-Fi Hotspots in restaurants around Australia so Nintendo DS users could connect to the internet to view HTTP/HTTPS pages on Nintendo's Nintendo DS Browser and Nintendo DS games that were Nintendo WFC enabled.75
Telstra is a major sponsor of the V8 Supercars car racing championship through its BigPond brand and directly sponsors the Sydney Telstra 500 event, the final round of the series held at Sydney Olympic Park.76
In the past, Telstra had naming rights to the Telstra Dome in Melbourne, but lost these rights to Etihad Airways, the national airline of the United Arab Emirates, on 1 March 2009.77 Telstra is also the naming rights sponsor of the National Rugby League Premiership. Telstra is also the principal sponsor of Swimming Australia. They also sponsored the Minardi team for the 2002 F1 season, and the Rally Australia 2006 Championships.78
In addition to its professional sponsorship Telstra supports community and sporting groups through its Telstra Foundation.
Telstra sponsors numerous awards around Australia, including the Australian Business of the Year award, the MYOB Small Business Award, and the National Aboriginal & Torres Strait Islander Art Award (NATSIAA) which has become known as the Telstra Award.81 Notable past winners include Vaxine,82 APS Plastics,83 and eWAY.84
In November 1997, the Australian government sold the first tranche of its Telstra shares, 4.29 Billion shares, publicly at a price of $3.40 per share to institutional investors and $3.30 to retail investors. This sale is commonly referred to as "T1".85 In October 1999, the Australian government sold the second tranche of its Telstra shares under the "T2" program for $7.80 per share to institutional investors and $7.40 to retail investors.85 In November 2006, the government sold a third tranche of its shares, "T3", at $3.60 per share.86
In February, Telstra raised its dividend from 14c to 14.5c per share.88
In January 2014, Telstra announced it intention to sell 70% of Sensis to Platinum Equity for $454 million.89 Sensis was said to have once been "one of Telstra's most lucrative businesses" and reportedly "has been under pressure in recent years amid competition from more agile digital alternatives such as Google".89
Telstra outsources a significant portion of network installation and maintenance to private contractors and joint ventures, such as ABB Communications and STCJV (Siemens Thiess Communications Joint Venture).92
Telstra also owns and maintains the majority of Australia's public telephones.citation needed In 2006, Telstra announced it would remove many of the phones citing unprofitability due to vandalism and the increasing take-up and use of mobile telephones.93
Telstra Mobile is Australia's largest mobile telephone service providers, in terms of both subscriptions and coverage.9495 Telstra operates Australia's largest GSM and 3G UMTS (branded as Next G) mobile telephony networks in Australia,96 as well as holding a 50% stake in the 3GIS Ltd 2100 MHz UMTS network infrastructure, shared with Hutchison (Three).citation needed As of September 2007, Telstra had an estimated 9.3M mobile subscribers.94 Telstra Mobile services are available in post-paid and prepaid payment types, known as Telstra Pre-Paid (formerly communic8 Pre-Paid).97
Telstra's GSM network was the first digital mobile network in Australia. It was launched in April 1993 on the 900 MHz band as "Telstra MobileNet Digital".98 The GSM network has carried the majority of Telstra's mobile subscribers for the last 10 years and has seen numerous upgrades.citation needed 1800 MHz capacity channels were added to the network in the late 1990s as well as GPRS packet data transmission capabilities. As part of the UMTS Next G deployment, the GSM network was also upgraded to a full EDGE data transmission capability in 2006 providing data transmission capabilities greater than 40 kbit/s on its GSM network.99
In 1981, Telstra (then Telecom Australia) was the first company to provide mobile telephony services in Australia. The first automated mobile service operated in the major capital cities on 500 MHz using the '007' dialling prefix. This network only provided "car phone" capabilities to subscribers as portable hand-held terminals were not practical at that time. The first cellular system in Australia offering portable hand-held phones was launched by Telstra in 1987 using the AMPS analogue standard on the 800 MHz band. This network at its peak had over 1 million subscribers, but was mandated by the government to be closed down by the year 2000, partially due to privacy concerns which resulted from the AMPS technology, but also because of arrangements undertaken to secure sufficient interest in the GSM network licenses offered in 1992 to competitors. A license condition placed on Telstra to maintain an equivalent coverage footprint at the time resulted in Telstra deciding to deploy an IS-95 CDMA based network in its place.
Telstra has 7400 Next G Base Stations.100
Telstra provides internet subscription and various internet services (such as IP networking, email, servers and network hosting).
- Telstra Internet Direct provides internet subscription, services (including IP networking and email) to businesses, government and enterprise. Telstra Internet Direct is mainly focused on business customers and does not sell its products to residential customers unless they have an ABN (Australian Business Number)
- Telstra BigPond provides internet subscription (Cable, ADSL, Wireless and Dialup) for residential customers as well as small business. BigPond is Australia's largest internet service provider with over two million subscribers.
- Telstra Wholesale resells or leases telecommunications products (including dial-in ports, exchange space, and ADSL DSLAM ports) to other companies for the purpose of resale at a fee.
Telstra Internet is the national Internet backbone for Telstra within Australia.citation needed Telstra sells direct (business-grade) connections to the backbone under the Telstra Internet Direct name and consumer dialup, ADSL, cable modem and satellite connections under the BigPond brand name.
The Internet was built in Australia by AARNet, then an activity of the Australian Vice-Chancellors' Committee (AVCC). Telstra acquired AARNet1 from the AVCC as a going concern in 1995101 and renamed it to Telstra Internet. Telstra Internet buys long-haul capacity and international transit from REACH Global Services.
Telstra Wholesale102 provides products such as Data, Mobile, Voice, and other Facilities (including Co-location and Duct Access)103 to other companies and organisations for re-sale.104 Telstra Wholesale also provides operational support for its customers,105 and facilities for international customers such as International Data Transport and IP Transport.106
Due to Telstra's position as Australia's incumbent telecommunications provider, Telstra Wholesale is the incumbent and dominant wholesaler of ADSL services to other Internet Service Providers. Telstra installed the first DSLAMs in exchanges prior to 2000, and began wholesaling access in late 2000.107 Telstra Wholesale has a comprehensive network of ADSL DSLAMs (the largest in Australia) and allows competitors access to each Telstra DSLAM at ADSL1 speeds.
Telstra owns and operates the largest cable internet network in Australia.citation needed Telstra Cable operates in selected cities and areas of Australia including (Melbourne, Brisbane, Canberra, Sydney, Perth, Adelaide and the Gold Coast), providing downstream speeds of up to 30 Mbit/s in selected areas. while Melbourne being the only capital city in Australia with speeds of 100 Mbit/s making it the fastest broadband speed in Australia and among the fastest in the world.citation needed The upgrade to 100 Mbit/s was complete in Melbourne by Christmas 2009, and launched the new DOCSIS 3.0 services on 1 December 2009 before the deadline. Telstra provides internet services for personal and business clients, through its internet service provider (ISP), BigPond. BigPond provides internet products over various delivery methods, including ADSL, Cable Internet, Dialup, Satellite and Wireless Internet (through the Next G network).
At the end of the 2007 financial year, BigPond had over two million broadband subscribers.108 The existing customer base of BigPond Wireless is currently being migrated over to the Next G network, which offers higher speeds and greater coverage.
On 10 November 2006, Telstra made two major changes to their ADSL network. The first was an increase of wholesale ADSL speeds from 1.5 Mbit/s/256 kbit/s to 8 Mbit/s/384 kbit/s. Telstra also released an ADSL2+ broadband service offering download speeds of up to 24 Mbit/s from exchanges where competitors were already offering ADSL2+ services.
On 6 February 2008, Telstra announced that it would activate high-speed ADSL2+ broadband in a further 900 telephone exchanges serving 2.4 million consumers across every state and territory in Australia. Telstra also claimed that it has received assurances from the Government that it would not be forced to wholesale these services to other providers, and that the move came "after the Government made clear it did not consider a compelling case had been made for regulating third-party access to the service – an assurance sought by Telstra for more than one year."109
On 10 June 2008, it was announced that Telstra was in discussions with some wholesale customers in reference to wholesaling ADSL2+ services.110
In 2011, Telstra launched "Blurtl", a Facebook application that allows the user to leave audio messages on their Facebook walls.112
In April 2012, MOG announced a partnership with Telstra to bring MOG to Australia, the first region outside of the US to have access.113 Telstra and MOG launched under the BigPond Music branding on 21 June 2012.114
Since 2013, the BigPond brand has been discontinued and merged with Telstra.115
Telstra's Hybrid Fibre Coax (HFC) (commonly referred to as "cable") network is one of the delivery systems used by the Australian Subscription Television provider Foxtel. Telstra owns 50% of Foxtel in a joint venture with News Corporation whom owns the other 50%. Telstra also resell Foxtel's "Digital" to customers in Foxtel's service area (as "Foxtel from Telstra").Telstra offers discounts for Telstra full-service fixed line customers, with internet, pay TV and/or mobile services with Telstra. Such discounts can include free installation and the first month of the best Foxtel package (all channels) for free.116
Sensis is Telstra's wholly owned advertising and directories arm. This subsidiary was originally known as National Directory Services (NDS), but subsequently renamed Pacific Access (since 1991), before changing its name to Sensis in August 2002.117 Sensis publishes Australia's White Pages and Yellow Pages telephone directories, and in 2004 purchased the Trading Post, a classified advertising periodical. In 2008 management of the Trading Post was transferred to Telstra. In 2009 the printed Trading Post was shut down. Sensis also manages several websites including:
- Yellow Pages Online: an online version of the print directory
- White Pages Online: an online version of the print directory
- Yellow Advertiser: dedicated online resources for Yellow advertisers
- Sensis.com.au: an Australian search engine
- WhereIs.com: online maps and street directories
- CitySearch: city-based lifestyle and entertainment guide
- GoStay: online accommodation booking
- Home at Yellow: a home improvement website
Sensis is responsible for Telstra's telephone directory assistance call centres – including 1223 ("Telstra Directory Assistance"), 12456 ("Call Connect"), 1225 ("International Directories") and 1234 ("1234" information service).118citation needed
In 2007, Sensis commissioned Amdocs to develop a customer interaction and database management system dubbed "iGen" to combine the existing GENESIS (also known as POST) system and the company's dozens of other internal customer and account systems into one interface. The new system would combine both Yellow Pages and White Pages directory information on one system.
The original cost of development and implementation was estimated at A$300 million which was funded by Telstra, but a twelve-month delay in deployment and lack of user acceptance testing almost doubled the original cost. "iGen" was eventually deployed to mass disapproval from employees who experienced extremely low performance and reduced capabilities from the new system.119 In November 2009, the entire White Pages directory product reverted to the legacy system, GENESIS, after realisation by Sensis management that iGen was incapable of delivering expected performance.
In 2010, Sensis CEO Bruce Akhurst announced that the Yellow Pages had been switched over to iGen. In a blog posting he stated that they were ahead of the biggest system challenges and that iGen was 'stable' and 'operating effectively'.120
Sensis announced job cuts in February 2013 of around 700 roles nationally. The decision to outsource roles to India was described as necessary for restructuring purposes in the digital age.121
The following is a list of known active mobile networks used by Telstra:
|900 MHz||GSM/EDGE||2G||EDGE data capabilities are available on 100% of the GSM networks used|
|1800 MHz||GSM/EDGE||2G||Used in areas requiring extra capacity.|
|850 MHz||UMTS/WCDMA/HSPA/HSPA+/DC-HSPA+||3G||Telstra Next G 3G network covering 99% of the Australian population|
|2100 MHz||UMTS/WCDMA/HSPA/HSPA+/DC-HSPA+||3G||Telstra has been installing UMTS 2100mhz in areas where its 850mhz frequency is over crowded. It will not be available in all areas though.122 This band was originally used for the 3GIS network in 50/50 partnership with Vodafone Hutchison Australia, and covered capital cities (Telstra ended this partnership on 31 August 2012.)|
|1800 MHz||LTE||4G||LTE roll-out in major capital cities and a significant range of regional centres has been completed, now covering most major metropolitan areas and major regional centres. Most previously existing GSM1800 Channels have been shut down in the new LTE coverage areas.|
February 2011: Ericsson wins the LTE contract with Telstra. The LTE network is being deployed in capital city CBDs and select regional centres throughout 2011. It will operate at 1800Mhz and integrate with a HSPA+ service at 850 MHz. A dual mode (LTE/HSPA+) mobile broadband device has been developed for the network.123
January 2012: Initial major LTE rollout complete. Incremental rollout continues, widening the coverage in capital cities and introducing new LTE coverage to regional centres.
July 2012: Telstra commences retailing a pocket-sized battery powered 4G WiFi router (ZTE MF91) for prepaid data customers, locked to Telstra, complementing its range of 4G-capable devices. Apart from the ZTE MF91, the Telstra 4G hardware range now comprises two dual mode (4G/3G) voice-capable handsets by HTC and ZTE (available for purchase outright or on a post-paid plan), a Sierra USB wireless modem (outright or post-paid plan), a ZTE USB wireless modem (prepaid, locked to Telstra) and a Sierra 4G Wifi battery powered pocket-sized router (outright or post-paid plan). Telstra is reported to now be operating LTE facilities from more than 3,500 transmission sites.
Since the Australian telecommunications industry was deregulated in the early 1990s, Telstra has managed to remain the largest provider of telecommunications services124 despite the emergence of its rival, Optus. A Harvard Business Review article from 2005 authored by a consultant to Telstra on this topic, reported that a strategy of offering lower rates on some routes and at certain times of day, even though its prices, on average, were higher than its rivals', helped Telstra retain several points of market share it otherwise may have lost.125
In early 2011, Telstra successfully extended its market share lead by discounting its mobile phone products.126
|1992||W. Frank Blount|
|1999||Dr Zygmunt (Ziggy) Edward Switkowski|
On 4 December 2013, Telstra became the first Australian company to included flexibility arrangements, such as supporting family-friendly practices, in its new advertised positions.132
|Year||Name||Type of ownership||Comments|
|1992||Telstra Europe||100%||Telstra has been operating in Europe since 1992. Telstra Europe has a customer base of over 7000 customers, who buy data, voice and complex managed network and hosting services.133|
|2003||Reach Asian undersea cable||50% venture, with Pacific Century Cyberworks||This partnership was created during the late 1990s telecommunications boom – it struggled and had its book value downgraded to zero by Telstra in February 2003. Reach's debt was renegotiated in 2004 and it was restructured to operate mainly as a vehicle for its owners' international requirements.|
|2005||Adstream Australia||58%||In early 2006 Telstra offers $20 million cash to increase its total stake from 33 to 58 per cent.134|
|2006||SouFun||51%||SouFun was integrated into the Sensis business, providing Telstra with an entry point into China. It was sold to SouFun Holdings in late 2010.135|
|2008||Telstra Endeavour||100%||Communications cable linking Sydney and Hawaii. The cable went live in October 2008,136 with a capacity of 1.28 terabits per second in the future (currently at 80 gigabits per second.)|
|2008||Norstar Media||>50%||Telstra acquired controlling stakes in the two businesses, Norstar Media and Autohome/PCPop, for an undisclosed amount.137|
|2011||iVision||100%||Integrated telepresence video conferencing solutions|
|2011||Telepresence Solutions||Joint Venture with tata group||Telstra expands global telepresence reach with partner Tata Communications138|
|2011||Telstra Telecommunications Private Limited||Joint venture with Microland||Licence for long distance and ISP data serivces in Bangalore, Calcutta, Chennai, Delhi, Hyderabad, Mumbai and Pune139|
|2011||Telstra Singapore||100%||Facilities Based Operator (FBO) licence allowing voice and data networks, systems and facilities. Also enables Telstra to build the local backbone required to support its plans for new cable submarine capacity to Singapore.|
|2011||Telstra Japan K.K.||100%||Own and operate large scale telecoms circuits and facilities in multiple cities and prefectures in Japan, along with products and services delivered over those facilities and networks.|
Telstra, in January 2007, launched WotNext, a video-publishing website. The website let users upload video content, which was sold to mobile users for A$1 - the money was divided between the uploader and Telstra, each receiving 50 per cent.140 The website was shut down in December 2007 after a media backlash over uploaded semi-pornographic videos.141
On 12 July 2011, the Office of the Australian Information Commissioner (OAIC) released the findings of its investigation into a mailing list error by Telstra Corporation Limited (Telstra) which resulted in approximately 60,300 Telstra customers’ personal information being sent to other customers. The Australian Privacy Commissioner Timothy Pilgrim said
|“||Our investigation has confirmed that while Telstra breached the Privacy Act when the personal information of a number of its customers was disclosed to third parties; this incident was caused by a one-off human error. It was not a result of Telstra failing to have reasonable steps in place to protect the personal information of its customers, as required by the Privacy Act.||”|
The government probe determined that Telstra had security measures in place to protect customer personal information involved in mail campaigns. These measures included privacy obligations in agreements with mailing houses, privacy impact assessments, and procedures to ensure staff handle personal information appropriately during mail campaigns.
"In this instance, taking into account the range of measures Telstra has in place for mail campaigns, I consider that the one-off human error that occurred does not mean that Telstra failed to comply with its obligation to take reasonable steps to protect the personal information of its customers. Therefore, I consider that Telstra has not breached this particular aspect of the Privacy Act", the privacy commissioner said.citation needed
The commissioner determined that Telstra had acted "immediately" to prevent further breaches, notify customers, and review its data security practices.
In the report, Pilgrim related that the Australian government is currently considering recommendations from the Australian Law Reform Commission to introduce mandatory data breach notification laws in Australia.
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