Tag: Telstra

Telstra Acquires Versent for $267.5 Million to Strengthen Tech Services Business

On October 11, 2023, Telstra announced its plan to acquire Versent, a renowned technology consultancy firm, in a deal valued at $267.5 million. The acquisition is geared towards bolstering Telstra's tech services...

$100 million arranged for Telstra to boost school internet.

Under a $100 million agreement with the state government, Telstra upgrades the network infrastructure that serves Victoria's more than 1600 public schools. The improvement, which has already been completed in more than...

Telstra and gov pool their resources to acquire Digicel

Telstra is scheduled to pay at least US$1.6 billion (A$2.1 billion) for South Pacific carrier Digicel, with the federal government funding more than 80% of the purchase price. The talks were originally...

Telecom Giant Telstra Shares Surge After It Announced 49% Sale Of Towers Business For $2 Bn

Telstra Chief Executive Officer Andrew Penn said details on how 50% of the deal value will be re-disbursed to shareholders will be revealed in due course
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