Telstra Corp., Australia’s largest phone company, posted profit that beat analyst estimates as a surge in new users for its fourth-generation network boosted its share of the mobile phone market to almost 50 percent.
Qin Zhi says Steve Jobs’s “Stay Foolish” commencement speech at Stanford University in 2005 was so inspiring, the Harvard MBA left his consulting job at McKinsey & Co. in New York for an Internet startup in China.
Telstra Corp. , Australia’s biggest phone operator, plans to acquire companies and technology using the compensation it will get for giving up control of a copper- wire network that connects all the nation’s homes.
Telstra Corp. , Australia’s largest telephone company, remains committed to investing in China after moving to sell its shareholding in property website SouFun Holdings Ltd ., Chief Executive Officer David Thodey said.
Telstra Corp. Chief Executive Officer David Thodey said his first year in the role was “challenging” as he continued talks with the government over a possible sale of Australia’s largest phone company’s fixed-line assets.
Telstra Corp. will hold off on returning extra cash to shareholders until at least 2014 as it starts receiving A$11 billion ($11.4 billion) from the state- owned company building Australia’s broadband network.