Telstra Corporation Limited is looking at options of reselling fixed wireless and satellite broadband services by the NBN Co. According to David Thodey, Chief Executive of the Australian telecom operator, Telstra will be doing a trial on the fixed wireless NBN service. Thodey announced in a meeting with investors they plan to launch them by the middle of next year.
Aside from possible agreements with the NBN, Telstra also explained its plans for the acquisition of Adam Internet. The company is planning to launch a low-cost brand similar to Jet Star but the time is not yet right. The company’s Chief Financial officer, Andy Penn, explained that buying the brands was a low-cast alternative to starting a new one.
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Photo courtesy of Bloomberg
As Telstra makes a bid to strengthen alliances with China’s telecommunications industry, the company has been dealt a blow with the sudden resignation of non-executive director, Timothy Chen, who had just been part of the board for six months.
Mr. Chen, who once served as a regional chief executive for Microsoft, and as president of Mortal in China four years ago, explained his resignation as a decision to focus his executive career in China.
Just six months ago, Mr. Chen joined the board at a time when Telstra was weathering tensions with China, after it banned the Chinese telecom giant Huawei from bidding in Australia’s National Broadband Network project.
Present Telstra chairman Catherine Livingstone commented on Mr. Chen’s shock resignation saying the Beijing-based director had the experience and expertise for Telstra’s plans for Asia.
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by Kaye McColl
LIKE it or not, believe in its benefit or not, the fact is the National Broadband Network (NBN) is being rolled out across the country and will eventually make its way to Glen Innes doorsteps.
It has been pointed out that in all possibility, rural properties and villages in the district will be equipped with this new technology before residences and business in Glen Innes.
The Budget created the usual amount of debate amongst politicians and the media. But how did the National Broadband Network fare?
At first, the NBN drew little debate beyond the usual Coalition attacks in Tony Abbott’s budget reply speech and Malcolm Turnbull’s inevitable criticism of the government’s spending. But, in the week since, Turnbull has followed his initial response with a change to his NBN position that may put the battle over the NBN into completely new territory.