Andrew Penn
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Weeks after he retired as CEO of Telstra, Andy Penn appears to be regretting the company’s policy towards the National Broadband Network (NBN), the Australian government-owned wholesale network.
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Telstra will build two major telecoms infrastructure projects in support of Australia's growing digital economy.
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Digicel Group has entered into an agreement to sell its subsidiary Digicel Pacific, to a subsidiary of Australian telco Telstra Corporation, at a purchase price of $1.6 billion.
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Telstra has sold a 49% stake in its tower business, Telstra InfraCo Towers, to an Australasian consortium for a net sum of A$2.8 billion.
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Australian telco Telstra has reached a settlement with Australian Competition and Consumer Commission (ACCC) to pay A$50 million ($36.8 million) for mis-selling its services to indigenous customers.
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Telstra has launched its first 5G device, the HTC 5G Hub, in collaboration with its 5G network partner Ericsson.