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Top related persons:
David Gray - 2 John Mullen - 1 Mullen - 1 Craig Dunn - 1 Dunn - 1 Aishwarya Nair - 1 Diane Craft - 1 Henry Jennings - 1
Top related locs:
Sydney Australia Bengaluru Asia
Top related orgs:
Telstra - 2 REUTERS - 2 Australia's Telstra - 2 Thomson - 2 Risk - 1 InfraCo - 1 Marcustoday - 1 TPG Telecom - 1

Search resuls for: "Australia's Telstra"


4 mentions found


☆ Telstra Chairman Mullen to retire after 15 years
  + stars: | 2023-08-27 | by ( ) www.reuters.com   time to read: +1 min
A pedestrian walks past a Telstra logo adorning a phone booth in the central business district (CBD) of Sydney in Australia, February 13, 2018. REUTERS/David Gray/File Photo Acquire Licensing RightsAug 28 (Reuters) - Australia's Telstra (TLS.AX) said on Monday that its chairman John Mullen would retire at the conclusion of this year’s annual meeting on October 17. After serving on the telecom major's board for 15 years, the company said Mullen will be succeeded as chairman by current director Craig Dunn. Mullen served as chairman for the past seven years. The country's largest telecoms firm expects underlying EBITDA between A$8.2 billion and A$8.4 billion ($5.38 billion)for fiscal 2024, higher than A$7.86 billion in the previous year.
Persons: David Gray, John Mullen, Mullen, Craig Dunn, Dunn, Aishwarya Nair, Diane Craft Organizations: Telstra, REUTERS, Australia's Telstra, Risk, Thomson Locations: Sydney, Australia, Asia, Bengaluru
☆ Australia's Telstra shelves InfraCo stake sale plan, shares down
  + stars: | 2023-08-17 | by ( Poonam Behura | ) www.reuters.com   time to read: +2 min
The country's largest telecoms firm decided against selling a stake in InfraCo Fixed, saying the unit "plays an important role" in achieving its long-term goals. InfraCo Fixed posted a 4.1% rise in annual income to A$2.56 billion ($1.64 billion), contributing 11% to Telstra's total income of A$23.25 billion. Telstra is targeting net cost reductions of A$500 million and mid-single digit underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) growth through to FY25. It expects underlying EBITDA between A$8.2 billion and A$8.4 billion for fiscal 2024, higher than A$7.86 billion in the previous year. We remain absolutely committed to delivering our FY25 underlying EBITDA and EPS growth ambitions," Brady said.
Persons: David Gray, Henry Jennings, Vicki Brady, Brady, Poonam Behura, Anil D'Silva, Subhranshu Organizations: Telstra, REUTERS, Australia's Telstra, InfraCo, Marcustoday, TPG Telecom, Thomson Locations: Sydney, Australia, Bengaluru
☆ Starlink rival OneWeb aims for global satellite internet coverage after passing a key milestone
  + stars: | 2023-03-27 | by ( Ryan Browne | ) www.cnbc.com   time to read: +4 min
OneWeb, a rival to Elon Musk's Starlink internet satellite venture, is aiming to roll out coverage globally after successfully launching the final batch of satellites needed for its broadband service over the weekend. While OneWeb has a few more satellites to deploy in May and June, it now has enough to deliver internet connectivity to any spot in the globe, according to company executives. OneWeb plans to launch 648 satellites in total, of which 588 satellites are required for global coverage. The rest will serve as spares that can step in, in case some other satellites on the network go rogue. Starlink, the space internet unit of Musk's SpaceX, has launched thousands of satellites to bring network connectivity to places with patchy internet.
☆ Australia's Telstra suffers privacy breach, 132,000 customers impacted
  + stars: | 2022-12-11 | by ( ) www.reuters.com   time to read: +2 min
SYDNEY, Dec 11 (Reuters) - Australia's largest telecoms firm Telstra Corp Ltd (TLS.AX) said on Sunday that 132,000 customers were impacted by an internal error that led to disclosure of customer details. The errant disclosure comes after the company in October suffered what it called a small data breach, attributing it to third-party intrusion that exposed some employee data back to 2017. A Telstra internal staff email put the number of affected current and former employees of that breach at 30,000, according to local media. "Protecting our customers’ privacy is absolutely paramount and this is an unacceptable breach of their trust," he added. "We are in the process of contacting every impacted customer to let them know what has occurred."
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