Telstra expands Chinese interests with two deals
Australian operator Telstra today announced it has acquired controlling interests in two Chinese media businesses, strengthening its plans to achieve AUD1 billion (US$668 million) in revenue from its Chinese assets by 2013.
Telstra CEO touts economic value of mobile broadband
Telstra’s investment in high speed and near-ubiquitous 3G is being rewarded with increased revenues and ARPU and beneficial changes in the mix between voice and data, said Sol Trujillo, CEO of the Australian operator.
Telstra commits to 42Mb/s by year-end
Australian operator Telstra yesterday announced that its Next G HSPA Evolution network will be upgraded to 42Mb/s by the end of the year.
Telstra CEO Sol Trujillo to step down
Telstra’s first-half year financial announcement was overshadowed today by news that the operator’s CEO has resigned after four years at the helm.
Australian regulator questions Voda/3 merger
Australia’s anti-trust regulator has voiced concerns that the proposed merger between Vodafone Australia and Hutchison’s 3 Australia could hurt competition in the local mobile market.
Ericsson brings mobile broadband to Mongolia
Mongolian operator MobiCom has launched the first high-speed mobile broadband network in the country, powered by HSPA technology from Ericsson.
Australia’s largest mobile operator Telstra has appointed internal candidate David Thodey as its new CEO. Thodey will replace Sol Trujillo.
Breitbart reports that Telstra chief executive Sol Trujillo has left the Australian telecoms giant early so his replacement can take on the role immediately.
Australia green lights Voda-Hutchison merger
The Australian anti-trust regulator has given the green light to the proposed merger of Vodafone and Hutchison’s Australian mobile operations, after concluding that it is unlikely to affect competition in the country’s mobile market.
ZTE boosted by Chinese 3G sales in 1H09
Chinese equipment vendor ZTE has reported strong double-digit growth in both revenue and profit for the first half of the year on the back of strong demand for 3G equipment in its domestic market.