- published: 04 Nov 2015
- views: 10601
Telstra Corporation Limited (ASX: TLS, NZX: TLS; known as Telstra) is an Australian telecommunications and media company, building and operating telecommunications networks and marketing voice, mobile, internet access and pay television products and services.
Telstra has a long history in Australia, originating as a government department together with Australia Post. Relatively recently, Telstra was fully privatised and has been undergoing a change program to become more "sales and marketing led" under its current CEO, David Thodey.
The federal government's National Broadband Network agenda, as well as industry changes driven by mass adoption of the internet, are imposing further structural changes upon the company.
Australian telecommunications services were originally controlled by the Postmaster-General's Department (PMG). On 1 July 1975, separate commissions were established by statute to replace the PMG. Responsibility for postal services was transferred to the Australian Postal Commission (Australia Post). The Australian Telecommunications Commission (ATC), trading as Telecom Australia, ran domestic telecommunication services.