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Telstra also set up a social services CEO round table under Gerard Devan which acted as a "Think Tank" to the sector. Telstra was a major sponsor of the V8 Supercars car racing championship through its BigPond brand and directly sponsored the Sydney Telstra 500 event, the final round of the series held at Sydney Olympic Park. [86]
Telstra Corporation Limited v The Commonwealth was an important case decided in the High Court of Australia on 6 March 2008. [1]It concerned a dispute between Telstra Corporation and the Commonwealth of Australia, the Australian Competition & Consumer Commission (ACCC) and eleven other ISPs regarding the ownership of and shared access obligations to the Telstra controlled unconditional local ...
As of June 2010 Telstra owned a majority of the copper wire infrastructure in Australia (the rest is owned by Optus) and is pending sale to its former parent, the Australian government, for a non-binding amount of 11 billion Australian dollars, as ducts in the copper wire tunnels are needed to install the fibre optic cable.
The decision was appealed by Telstra and TPG, but the ACCC's decision was reaffirmed in mid-2023. The two parties stated they would consider their options including further appeals. [21] Some public commentary suggested it would be unprofitable for Optus to invest in regional internet infrastructure even without Telstra and TPG utilising market ...
OTC dish at Ceduna, South Australia. The Overseas Telecommunications Commission (OTC) was established by Australia in August 1946.It inherited facilities and resources from Amalgamated Wireless Australasia (AWA) and Cable & Wireless, and was charged with responsibility for all international telecommunications services into, through and out of Australia.
In March 2014, Telstra sold 70% of the Sensis business to American private equity firm Platinum Equity for $454 million. As a part of the deal Sensis would continue producing and distributing the White Pages directory as required under Telstra's carrier licence. The sale saw Sensis depart Telstra management and begin to operate as a separate ...
The sale of Telstra accounted for $1 billion in government revenue, [14] claimed to enable the government to combat climate change and also repay deficits. [14] Despite this positive effect of privatisation, Telstra's monopoly over telecommunications infrastructure in Australia led to limited market competition, which reduced investment in the ...
Telstra's network and Foxtel were created to combat the threat posed to Telstra's local call business by the combination of Optus Television content bundling with Optus' local telephony services; Foxtel was the content arm of Telstra's defence strategy, while Telstra's multimedia broadband network was originally the sole delivery system.