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Telstra Corporation Ltd. (TTRAF)

- OTCPK - Current
  • Thu, Apr. 9, 10:00 PM
    • In a new report on fiber, DSL and cable broadband subscribers, Infonetics Research projects that consumers are driving global fixed broadband adoption toward a 5% compound annual growth rate through 2019, from a current base of 733M (up 8% last year).
    • Global growth will lead the way, the firm says, especially in China (Asia Pacific has 50% of the world's fixed broadband subscribers, and China Telecom (NYSE:CHA) is the worldwide share leader) -- as well as Russia, Brazil, Mexico, Arrgentina, Indonesia, Thailand and Vietnam.
    • Other insights: DSL's still the biggest technology, but growth is coming via fiber-to-the-home and DOCSIS 3.0 cable; and FTTH subscribers grew 22% last year to cross the 100M-subscriber line.
    • U.S.-traded players in the firm's report: T, BT, CHA, CHU, CHT, CMCSA, OTCQX:DTEGY, OTCPK:KDDIY, KT, NTT, ORAN, OTCQX:ROSYY, TI, TEF, OTCPK:TELNY, OTCPK:TLSNY, OTC:TMXLF, OTCPK:TLSYY, TWC, OTC:TRKNY, VZ, VIP, VOD
    | 3 Comments
  • Fri, Jan. 2, 6:56 AM
    • Telstra (OTCPK:TLSYY) has acquired IdeaObject, an Indian startup that builds cloud products for hospitals.
    • IdeaObject and Cloud9, another healthcare software company that Telstra purchased in December, will be integrated into Telstra Health.
    • The acquisition comes as the company seeks new sources of growth with a huge cash pile that it got after selling its fixed-line infrastructure to the Australian government.
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  • Dec. 23, 2014, 7:03 AM
    • Under pressure to find new sources of growth, Telstra (OTCPK:TLSYY) has reignited its Asian expansion drive with a $697M purchase of Pacnet, Asia’s biggest operator of subsea cables.
    • Pacnet owns cables with a combined length of 46K kilometers and has 29 data centers in 17 cities in the Asia Pacific region including in China.
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  • Jul. 12, 2012, 3:07 AM
    Vodafone (VOD) buys Telstra's struggling New Zealand operations for NZ$840M ($670M). The unit serves only 16% of New Zealand's broadband market, but with Vodafone's backing it will now be able to compete much more aggressively with dominant player Telecom New Zealand (NZT).
    | 8 Comments
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Company Description
Telstra Corporation and its subsidiaries are engaged in telecommunications and information services.