Telstra to stay in Aussie hands
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TELSTRA will remain firmly in Australian hands even after the Government sells its shares in the company, Treasurer Mr Peter Costello said yesterday.
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Shares in Telstra rose slightly following the news chief executive Ziggy Switkowski would step down - but the focus remains on who will step up to take the job.
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The Howard government would sell the rest of Telstra within months of a return to power, Labor has warned, as John Howard and Mark Latham retreated to Sydney for Father&#39;s Day campaigning.
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TONY JONES: This time it&#39;s not speculation, Telstra&#39;s chief executive Ziggy Switkowski has resigned and will leave the company in July or sooner if a replacement is found.
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A total of 185,284,269 shares were bought back at $4.05 per share, representing three per cent of Telstra&#39;s non-government owned issued capital.
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Telecom yesterday denied its AAPT consumer business in Australia was on the block, reports NZPA. The company played down chief financial officer Marko Bogoievski&#39;s statement in a media report from New York
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The Australian government will not move to block a foreign takeover of  airline Qantas, the prime minister says.
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Telstra Corp., Australia&#39;s biggest phone company, agreed to buyback A$750 million ($576 million) of its own stock at the lowest price in a range offered to shareholders.
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By staff writers and wires. THE nationn&#39;s biggest telco, Telstra Corp, is offering shareholders up to $4.65 per share in a off-market buyback worth $750 million.
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Telstra&#39;s search for a new CEO has begun as incumbent CEO Dr Ziggy Switkowski has agreed to step down from the post. Switkowski&#39;s last day will be 1 July, 2005 and possibly even earlier if the telecommunications company can find a suitable replacement.
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By Bill Condie, Evening Standard, London  Feb. 16--The sale process for deeply-troubled IT provider iSoft could be  salvaged by an Australian bidder.
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By PULLAR-STRECKER Tom  RISING demand for broadband in Australia and New Zealand has helped the consortium that owns the Southern Cross Cable sell a further US$310 million (NZ$443 million) of capacity on the communications artery during the past six months.
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Telstra announced that it had chosen Ericsson Australia as the vendor to develop its 3GSM mobile capacity for up to the next five years.
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Australian telecom firm Telstra plans to tap Olympic-sized opportunities in the world&#39;s largest telecom market with value-added services before the 2008 Games.
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Telstra Corp.Â paid $254 million for a controlling stake in SouFun Holdings Limited, which runs one of China's largest real-estate and home improvement Web sites, the company said Thursday.
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MELBOURNE (Dow Jones)--Even with solid internal candidates, the board of Australia&#39;s Telstra Corp. (TLS) could easily favor an outsider to replace Ziggy Switkowski.
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CANBERRA: Australia&#39;s government cemented the most powerful mandate in nearly 25 years by winning control of the upper house, freeing it to push ahead with reforms such as the full sale of telecommunications group Telstra Corp Ltd.