Ad
related to: telstra share price history
Search results
Results From The WOW.Com Content Network
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. [ 19 ] NBN Co Limited signed a definitive agreement with Telstra on 23 June 2011 , estimated to be worth A$9 billion post-tax net present value , [ 20 ] building upon the signing of ...
The deal was strongly opposed by their market competitor Optus, who argued that the approval of the deal would cement Telstra's position as the monopoly mobile operator in regional areas, stifle competition, and increase prices. [19] In December 2022, the ACCC denied the network sharing proposal, based on its impact on market competition. [20]
While not a mind-blowing move, it is good to see that the Telstra Corporation Limited (ASX:TLS) share price has gained... Telstra's(ASX:TLS) Share Price Is Down 48% Over The Past Five Years. Skip ...
1938: Publication of the first share price index. 1939: Sydney Stock Exchange closed for the first time due to the declaration of World War II. 1960: Sydney Futures Exchange began trading as Sydney Greasy Wool Futures Exchange (SGWFE). Its original goal was to provide Australian wool traders with hedging facilities in their own country.
In March 2007, the ALP announced a new policy, accepting the privatization of Telstra in order to fund a world class national broadband network. [73] [74] Due to Telstra's extensive use of pair-gain technology for connecting home landlines from 1994 to 2000, some homes have been excluded from ADSL and are limited to a dialup speed of 28.8 kbit ...
Telstra was progressively privatised (33.3% 1997, 16.6% 1999, 33.3% 2006, with 17% transferred to the Future Fund.) Numbers of licensed telecommunications carriers grew from: ~20 controlling facilities in Australia at 1998 (with several hundred entities providing services using those facilities to end users ); to 99 at 2002.
1 February - An unprecedented rush for Telstra shares helps vault Australian share prices to a record high, as investors focus on the continued strong performance of the local economy with the all ordinaries index surging 29.9 points. [3] [4]
Consequently, Telstra gained a monopoly over pay TV infrastructure and did not improve its network unless it received government funding. [45] Telstra's monopoly over telecommunications infrastructure in Australia was a direct result of privatisation, limiting market competition and efficiency, which contradict the objectives of privatisation. [46]