Telstra Group Limited
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in mil. unless spec.Company Description
- CEO
- Vicki Maree Brady
- Full Time Employees
- 29,334
- Sector
- Communications
- Industry
- Wireless telecommunications
- Address
- Telstra Centre Melbourne VIC Australia 3000
- IPO Date
- Nov 17, 1997
- Website
- telstra.com
- Similar Companies
- Business
- Telstra Group Limited Telstra Group Limited (TLS.AX) is Australia's largest telecommunications company, providing mobile, fixed-line, internet, and enterprise technology services to consumers, small and medium businesses, large enterprises, and government customers primarily in Australia and internationally across more than 30 countries. Founded in 1901 as part of the Postmaster-General's Department and headquartered in Melbourne, the company offers fixed-line telephony including home phone and PSTN products; mobile services via its extensive 4G LTE and 5G networks covering 99% of the population with Next G branding; broadband internet through ADSL, cable, satellite, and mobile options; wholesale network access including data centers, exchanges, poles, ducts, and dark fiber; cloud platforms, security solutions, IoT, AI-enabled services, and managed collaboration tools via Telstra Enterprise; and low-cost alternatives through its Belong brand. Telstra Group Limited operates key segments such as Telstra Consumer, Telstra Business, Telstra Enterprise Australia, Telstra International, and Telstra InfraCo, which manages passive infrastructure assets valued at approximately A$11 billion. Recent developments include a joint venture with Infosys in August 2025, under which Infosys acquires 75% of Versent Group, Telstra's cloud and digital transformation subsidiary, with Telstra retaining a 25% stake to accelerate AI-powered cloud solutions; a $700 million seven-year AI joint venture with Accenture signed in early 2025 to modernize data platforms and reduce external AI vendors; acquisition of Boost Mobile in December 2024; sale of its remaining 35% stake in Foxtel Group to DAZN for $135 million plus a 3% DAZN stake in December 2024; completion of 3G network shutdown in October 2024 to repurpose spectrum for 5G; and workforce reductions of approximately 2,800 roles in 2024 focused on enterprise consultancy to support AI transition.
Company News
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Australia fines Telstra $12 million for misleading customers on internet speed
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India's Infosys to buy 75% stake in Telstra unit for $153 million
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Australian court rules Telstra misled customers about internet speed
Telstra Group Limited (TLGPY) Q2 2025 Earnings Call Transcript
Ericsson and Telstra pioneer the first programmable network in Asia-Pacific