Costello Says Telstra Corp. Made Unwise Investments in Asia
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Australian Treasurer Peter Costello said Telstra Corp., the nation&#39;s biggest phone company, made ``unwise&#39;&#39; investments in Asia.
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Taiwan's proposed referendum on joining the United Nations is "completely inappropriate", Australian Foreign Minister Stephen Smith said Tuesday.
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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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creating a global company based on Australian technology and research. Moreover he did it under the noses
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Asian regulators should think twice about followingÂ the U.S. lead on net neutrality, or risk undermining the economic incentive for Asian carriers to build and maintain faster networks, according to speakers at the CommunicAsia Summit in Singapore.
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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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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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Assets include its telecoms operations in Hong Kong as well as cellular holdings in India, Israel, Thailand, Sri Lanka, Ghana, Paraguay and Macau.
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By Srisamorn Phoosuphanusorn, Bangkok Post, Thailand  Mar. 9--Advanced Info Service (AIS) has scaled down its investment this  year amid rising political uncertainty to avoid becoming a target of any  further attacks on its parent, Shin Corp, and its Singaporean shareholders.
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More bad news out of Asia weighed on investors Monday.
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Telecommunications giant Telstra Corp. on Monday revealed details of a 750 million Australian dollar (US$532 million, euro 432.2 million) share buyback that is part of a three-year plan to increase the value of its stock.
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Telstra Corp., Australia&#39;s largest phone company, appointed Bruce Akhurst as chief executive of its Sensis publishing and classified advertising arm, as part of its third executive shuffle in two years.
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An Australian investment fund will spend more than $3 billion buying into the broadcast operations of UK communications company NTL Incorporated.
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Business & money: World's largest mobile operator finds conditions 'very difficult' in Europe but looks to growth in emerging markets like India.
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Singapore Telecommunications Ltd. , Southeast Asia's largest phone firm, said on Thursday it was unsure if Vodafone plc's  stake in India's Bharti  was up for sale and that it was premature to comment on possible talks. "It is our objective to increase our stakes in existing associates at the right terms and conditions, and Bharti is certainly one associate we are interested to increase our shareholding in," Chief Financial Officer Chua Sock Koong told a media briefing.
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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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Qantas is poised for aggressive international expansion, particularly in Asia, if its takeover clears regulatory hurdles and the bidders prove they are not corporate raiders, analysts have said.