Australia's Firmus to allocate half of up to $5.5 billion IPO to existing investors, sources sayFirmus, the Australian data centre operator, is gearing up for a noteworthy initial public offering worth $5.5 billion. In a strategic move...
Captive buyouts: Are IT cos scaling up or skilling up?Indian IT companies are buying client technology units to secure larger partnerships. This strategy aims to boost contract values as organi...
KPMG Australia was once considering 1,000 job cuts; firm now confirms nearly 400 layoffsIn a turbulent move, KPMG Australia is set to lay off around 400 employees, including high-ranking partners. This decision comes on the hee...
Google, Telstra partner on fibre and subsea networks in AustraliaGoogle has selected Telstra and its new fibre-optic Aura Network to further advance its AI capabilities in Australia.
Infosys to acquire 75% stake in Telstra Group unit for $153 millionThe acquisition of Versent Group, a unit of Australian telecommunications and technology firm Telstra Group, will be made through its wholl...
Infosys expands tech ties with Australia's TelstraInfosys will serve as the strategic partner for Telstra International-the global arm of Telstra-to advance technology leadership, drive inn...
Australia's Telstra seeks to partner with Accenture for AI boostThe proposed joint venture is part of a broader strategy to streamline Telstra's vendor relationships, reducing its data and AI providers f...
Telstra India launches two Innovation and Capability CentresThe facilities, with a combined size of over 1 lakh sq. ft. will become hubs of innovation and will further strengthen Telstra’s efforts to...
Telcos need to reinvent into internet cos to stay relevant: TelstraTelstra signed a network-to-network interconnections agreement with Tata Communications in Oct for utilising 116 points of presence to exte...
Telstra signs network-to-network interconnection agreement with Tata CommunicationsThe NNI will utilise Tata Communications' 116 points of presence (PoPs), extending Telstra's reach to tier-2 and tier-3 cities such as Jaip...
Australia's Telstra completes $1.99 billion sale of Hong Kong's CSL to HKT LtdTelstra revealed in December it planned to offload the operation, saying while revenue was growing strongly and market share was up.
Telstra Global launches end-to-end network services in IndiaTelstra Global has launched end-to-end network services for the Indian market.
- Vodafone to acquire New Zealand's TelstraClear for $662 mn
Vodafone is New Zealand's largest mobile operator with over 2.4 mn users, and TelstraClear is the 2nd largest fixed operator.
- Telstra to offer long distance, VPN services from March
Australian telecom services provider Telstra International will begin providing long distance, virtual private network or VPN and enterpris...
- Australia's Telstra to slash 6,000 jobs: Reports
Australian telecoms giant Telstra Thursday said it would slash jobs to "improve customer satisfaction" but refused to confirm a report that...
- Infy, EDS & IBM bag $1.2-billion Telstra deal
Australian phone firm Telstra on Tuesday said it has awarded around $1.2-billion outsourcing contracts to Infosys, EDS and IBM, as part of ...
- Telstra awards $1.2 bn outsourcing contracts to Infosys, EDS and IBM
Australian phone firm Telstra on Tuesday said it has awarded around $1.2 billion outsourcing contracts to Infosys, EDS and IBM, as part of ...