Telstra Corporation
 |
|
| Public company | |
| Traded as |
ASX: TLS NZX: TLS OTC Pink: |
| Industry | Telecommunication |
| Founded | 12 June 1975 |
| Headquarters |
Telstra Corporate Centre Melbourne, Australia |
|
Area served
|
Australia (full product set) & Global (selected corporate services) |
|
Key people
|
Andy Penn (CEO) Warwick Bray (CFO) John Mullen (Chair) |
| Products | Fixed line and mobile telephony, Internet and data services, network services, digital television |
| Services | 1800 953 468 |
| Revenue |
 A$27.1 billion (2016) |
 A$6.3 billion (2016) |
|
| Profit |
A$5.8 billion (2016) |
| Total assets |
A$40.45 billion (2015) |
| Total equity |
A$14.51 billion (2015) |
|
Number of employees
|
36,165 (2015) |
| Website | www |
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 together with Australia Post as a government department, the Postmaster-General's Department. Telstra is now fully privatised and has been undergoing a change program to become more customer focused under its recent CEO, David Thodey. New CEO Andy Penn was expected to increase the focus on growth in international markets although this plan is now in doubt.
The federal government's National Broadband Network (NBN) is causing changes to the industry and will see the company progressively sell its copper and HFC networks to NBN Co.
Telstra head office (ASX registered office) is the Telstra Corporate Centre located at 242 Exhibition St, Melbourne, Australia.
Australian telecommunications services were originally controlled by the Postmaster-General's Department (PMG), 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.
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Wikipedia