International Expansion
Year | Name | Type of Ownership | Comments |
---|---|---|---|
1992 | Telstra Europe | 100% | Telstra has been operating in Europe since 1992. Telstra Europe has a customer base of over 7000 customers, who buy data, voice and complex managed network and hosting services. |
2001 | TelstraClear | 100% | Was New Zealand's third largest telecommunications provider after Telecom New Zealand & Vodafone New Zealand. It had its own fibre networks in major cities, was building regional fibre backhaul, had a hybrid fibre-coax network providing phone, internet, & TV services (in Wellington, Christchurch and Kapiti), and was a reseller Telecom New Zealand's phone & data services. The company was formed in 2001 from the merger of subsidiary TelstraSaturn (a 50/50 joint-venture with Austar which had previously acquired ISPs paradise.net and NetLink) and the telco Clear Communications purchased from BT Group plc. In July 2012 Telstra announced its intention to sell TelstraClear, to Vodafone New Zealand for NZ$840 million (A$660M). |
2003 | Reach Asian undersea cable | 50% venture, with Pacific Century Cyberworks | This partnership was created during the late 1990s telecommunications boom – it struggled and had its book value downgraded to zero by Telstra in February 2003. Reach's debt was renegotiated in 2004 and it was restructured to operate mainly as a vehicle for its owners' international requirements. |
2005 | Adstream Australia | 58% | In early 2006 Telstra offers $20 million cash to increase its total stake from 33 to 58 per cent. |
2006 | SouFun | 51% | SouFun was integrated into the Sensis business, providing Telstra with an entry point into China. It was sold to SouFun Holdings in late 2010. |
2006 | CSL New World Mobility Group | 76.4% | The largest mobile operator in Hong Kong with 34% of the market in 2006. Telstra originally acquired 60% of CSL (the former Hong Kong Telecom's mobile arm) from Pacific Century Cyberworks, then the remaining 40%, before merging it with New World Mobility. |
2008 | Telstra Endeavour | 100% | Communications cable linking Sydney and Hawaii. The cable went live in October 2008, with a capacity of 1.28 terabits per second in the future (currently at 80 gigabits per second.) |
2008 | Norstar Media | >50% | Telstra acquired controlling stakes in the two businesses, Norstar Media and Autohome/PCPop, for an undisclosed amount. |
2008 | Autohome/PCPop | >50% | See above |
2011 | iVision | 100% | Integrated telepresence video conferencing solutions |
2011 | Telepresence Solutions | Joint Venture with tata group | Telstra expands global telepresence reach with partner Tata Communications |
2011 | Telstra Telecommunications Private Limited | Joint venture with Microland | Licence for long distance and ISP data serivces in Bangalore, Calcutta, Chennai, Delhi, Hyderabad, Mumbai and Pune |
2011 | Telstra Singapore | 100% | Facilities Based Operator (FBO) licence allowing voice and data networks, systems and facilities. Also enables Telstra to build the local backbone required to support its plans for new cable submarine capacity to Singapore. |
2011 | Telstra Japan K.K. | 100% | Own and operate large scale telecoms circuits and facilities in multiple cities and prefectures in Japan, along with products and services delivered over those facilities and networks. |
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“Every expansion of government in business means that government in order to protect itself from the political consequences of its errors and wrongs is driven irresistibly without peace to greater and greater control of the nations press and platform. Free speech does not live many hours after free industry and free commerce die.”
—Herbert Hoover (18741964)