Telstra, one of the world's top 500 companies, began in 1901, a large Australian telecommunications company, with businesses spanning wired communications, ADSL, HFC, satellite, CDMA and GSM digital mobile networks, etc., and is a federally owned state-owned enterprise in Australia
Telstra is Australia's largest telecommunications company, Telstra, the only federally owned state-owned enterprise in Australia, with a history dating back to 1901. In 1995, the company officially adopted the name Telstra. In October 1997, the Australian government partially privatized the company by selling a 49.9% stake to institutional and individual investors, and the government still holds 50.1% of the shares.
Telecom Australia is Australia's leading ISP with services spanning wired communications, ADSL, HFC, satellite, CDMA and GSM digital mobile networks. It ranks 11th in the world in terms of market capitalization and is listed on the Australian, New Zealand and New York stock markets. Listed among the Fortune Global 500 companies, Aoxun is the world's 13th largest telecommunications company and one of the most powerful telecom operators in the Asia-Pacific region. In 2004, the company set a new record net profit of $4 billion. He was originally co-founded as a government department and Australia Post. On July 1, 1997, the Australian Government split Telstra, the postal part was the Australian Post Commission, and the other part was established as the Australian Telecommunications Commission (ATC), referred to as Telstra.
In 1997, the Australian government fully opened up the telecommunications market, and sold 33.3% of the shares of the company in the form of shares on the Australian and New Zealand stock exchanges, and the income obtained was used to implement the "National Networking Plan", which was called the "T1 Plan". In 1999, the Australian government sold 16.6% of the shares of Aoxun again, maintaining only 50.1% of the company's absolute controlling position. The Australian government uses the revenues to invest in environmental and telecommunications development projects, known as the "T2 Scheme". Now, the Australian government's consideration of selling all of Auxun is known as the "T3 Plan". Under the plan, the Commonwealth of Australia will sell all of its 50.1% stake in 2006 to complete the privatization of Aoxun.
Aoxun has always attached great importance to cooperation with China. As early as 1988, the company signed a commercial agreement on space technology with the China Academy of Space Technology. In 1995, the company set up a representative office in Beijing. The company's Beijing office has been working closely with the Beijing Olympic Organizing Committee and was appointed as the telecommunications consultant of the Beijing Olympic Organizing Committee in 2003. The company's senior management is full of confidence in the cooperation with the Beijing Olympic Games.
Telstra is Australia's largest telecommunications company. The only state-owned enterprise owned by the Australian Commonwealth. In October 1997, the Australian government began to partially privatize the company by selling a 49.9% stake to institutional and individual investors, and the government still holds a 50.1% stake.
Telstra is one of the world's most profitable telecommunications companies, Australia's leading full-service telecommunications operator spanning wireline communications, ADSL, HFC, satellite, CDMA and GSM digital mobile networks, and is Australia's leading ISP. It ranks 11th in the world telecommunications industry by market capitalization and 49th in the ranking of the world's largest companies. It is listed on the Australian, New Zealand and New York stock markets.
