Telstra Corporation Ltd (TLS.AX)
18 Jul 2019
Australian landlord Charter Hall Group said on Friday it has formed a partnership to buy Telstra Corp's global headquarters in Melbourne for A$830 million ($578.84 million).
SYDNEY, July 11 Australian banks and retailers were getting back online on Thursday after a nationwide telecoms outage knocked out electronic payment systems and cash machines for several hours.
* Optus acknowledges ACCC action, "it's a mistake" (Adds Optus response, context)
SYDNEY Australia's biggest telecommunications provider Telstra Corp Ltd plans to cut a quarter of its contractors in two years, its CEO said on Tuesday, a reduction of 10,000 people on its payroll and adding to thousands of internal jobs slated to go.
* Company now plans to remove 10,000 of its 40,000 contractors (Adds context of Telstra's cost cutting program)
SYDNEY, June 4 Australia's biggest telecommunications provider Telstra Corp Ltd plans to cut a quarter of its contractors in two years, its CEO said on Tuesday, a reduction of 10,000 people on its payroll and adding to thousands of internal jobs slated to go.
May 29 Australian shares eased on Wednesday, in line with global peers again focused on threats to economic growth from a prolonged trade row between Washington and Beijing.
SYDNEY Australia's largest telco Telstra Corp said it would book a A$500 million ($346 million) writedown on ageing data-storage assets and forecast higher restructuring costs this year as it expedites a plan to slash jobs.
* Shares edge up amid weaker broader market (Writes through with management quotes)
May 29 Telstra Corporation Ltd on Wednesday revised its expected restructuring costs for financial year 2019 upward by about A$200 million ($138.42 million) because of proposed job cuts.