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Andy Penn (businessman)
Telstra Group Limited is an Australian telecommunications company that builds and operates telecommunications networks and markets voice, mobile, internet access, pay television and other products and services. It is a member of the S&P/ASX 20 and Australia's largest telecommunications company by market share. Telstra is the largest wireless carrier in Australia, with 18.8 million subscribers as of 2020. Telstra has a long history in Australia, originating together with Australia Post as the Postmaster-General's Department upon federation in 1901. Telstra has transitioned from a state-owned enterprise to a fully privatised company and has recently focused on diversified products and emerging technologies. History Australia's telecommunications services were originally controlled by the Postmaster-General's Department (PMG), formed in 1901 as a result of Australian Federation. Prior to 1901, telecommunications were administered by each colony. On 1 July 1975, separate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
S&P/ASX 20
The S&P/ASX 20 index is a stock market index of stocks listed on the Australian Securities Exchange from Standard & Poor's. While the "ASX 20" often simply refers to the 20 largest companies by market capitalisation, the S&P/ASX 20 Index is calculated by using the S&P Dow Jones Indices market capitalization weighted and float-adjusted methodologies. All 20 companies also feature in the S&P/ASX 50. Constituent companies As of May 2022, the constituent stocks of the ASX 20 in alphabetical order by symbol are: See also * S&P/ASX 50 * S&P/ASX 200 * S&P/ASX 300 * All Ordinaries Established in January 1980, the All Ordinaries (colloquially known as the "All Ords"; also known as the All Ordinaries Index, AOI) is the oldest index of shares in Australia. It is made up of the share prices for 500 of the largest companies lis ... References Australian Securities Exchange Australian stock market indices A020 {{stockexchange-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TransACT
TransACT is the trading name of TransACT Capital Communications, an Australian telecommunications company based in Canberra which provides broadband internet access, fixed telephony, cable television services, and mobile phone services in Canberra and a subset of these services in Queanbeyan, throughout South-east New South Wales and in Victoria. In November 2011, TransACT was acquired by iiNet Limited, which in 2015 itself became a subsidiary of TPG. It continues to trade as TransACT. Previously, the company was part-owned by Actew Corporation a 50% joint venture partner in ActewAGL (the main energy and water utility company in the Australian Capital Territory). History TransACT was launched in 1996 by a small team comprising Robin Eckermann (Chief Architect), Joe Ceccato, Robert Clarke and Jane Taylor, working under the guidance of ACTEW Executive Neville Smith. The company adopted an Open Access Network (OAN) business model, separating the wholesale and retail businesses ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Broadband Network
The National Broadband Network (NBN) is an Australian national wholesale open-access data network. It includes wired and radio communication components rolled out and operated by NBN Co, a Government-owned corporation. Internet service providers, known under NBN as retail service providers or RSPs, contract with NBN to access the data network and sell fixed Internet access to end users. Rationales for this national telecommunications infrastructure project included replacing the existing copper cable telephony network that is approaching end of life, and the rapidly growing demand for Internet access. As initially proposed by the Rudd Government in 2009, wired connections would have provided up to 100 Mbit/s (later increased to 1000 Mbit/s), decreased to a minimum of 25 Mbit/s in 2013 after the election of the Abbott Government. As the largest infrastructure project in Australia's history, NBN was the subject of significant political contention and has been an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Optus
Singtel Optus Pty Limited (commonly referred to as Optus) is an Australian Telecommunications in Australia, telecommunications company headquartered in Macquarie Park, New South Wales, Australia. It is a wholly owned subsidiary of Singapore, Singaporean telecommunications company Singtel. Optus is the List of mobile network operators of the Asia Pacific region#Australia, second-largest wireless carrier in Australia, with 10.5 million subscribers as of 2019. The company trades under the Optus brand, while maintaining several wholly owned subsidiaries, such as Uecomm in the network services market and Alphawest in the ICT services sector. To provide services, Optus mostly owns and operates its own network infrastructure, It provides services both directly to end users and also acts as a wholesaler to other service providers such as Exetel and Amaysim. Through its Optus 'Yes' brand, it provides broadband, and wireless internet services. Other wholesale services include Satellite an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Overseas Telecommunications Commission
The Overseas Telecommunications Commission (OTC) was established by Australia in August 1946. It inherited facilities and resources from Amalgamated Wireless Australasia Limited (AWA) and Cable & Wireless, and was charged with responsibility for all international telecommunications services into, through and out of Australia. In effect, all overseas telecommunications was nationalized. Australia was adopting a Commonwealth-wide policy that had been adopted at the Commonwealth conference in 1945. The main goal was to end the artificial routing of traffic to cable or wireless depending on private financial profits. On 1 February 1992 it was merged with Australia's domestic telecommunications carrier, the Australian Telecommunications Corporation Limited ("Telecom Australia") to create the Australian and Overseas Telecommunications Corporation Limited (AOTC). The new organisation underwent a corporate identity review and was subsequently renamed Telstra Corporation Limited ("Tels ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Postal Commission
Australia Post, formally the Australian Postal Corporation, is the government business enterprise that provides postal services in Australia. The head office of Australia Post is located in Bourke Street, Melbourne, which also serves as a post office. Australia Post is the successor of the Postmaster-General's Department, which was established at federation in 1901 as the successor to colonial post services. In 1975, the department was abolished and its postal functions were taken over by the Australian Postal Commission. The organisation's current name and structure were adopted in 1989 as part of a process of corporatisation. History Colonial Australia (pre―1901) Before colonial control of mail started in 1809, mail was usually passed on by ad hoc arrangements made between transporters, storekeepers and settlers. These arrangements were flexible, and inherently unstable. It was common for early settlers to ride many miles out of their way to deliver neighbours' mail t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telecom Australia 1993 Logo
Telecom may refer to: * Telecommunications ** A telephone company (or ''telecommunications service provider'') ** The telecommunications industry * Telecom Animation Film, a Japanese studio See also * Telcom (other) * Telekom (other) * List of telephone operating companies ** BH Telecom, Bosnia and Herzegovina ** Bouygues Telecom, France ** BT Group, formerly British Telecom, United Kingdom ** China Telecom, China ** ER-Telecom, Russia ** Orange SA, formerly France Télécom ** Golan Telecom, Israel ** Hong Kong Telecom, China ** Nepal Telecom, Nepal ** Nortel, formerly Northern Telecom, Canada ** Rostelecom, Russia ** Telecom Argentina ** Telecom Éireann, Ireland ** Telecom Italia, Italy ** Telstra, formerly Telecom Australia ** Tunisie Telecom, Tunisia ** Spark New Zealand Spark New Zealand Limited is a New Zealand telecommunications company providing fixed-line telephone services, a mobile phone network, internet access services, and (through its Spa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privatization
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federation Of Australia
The Federation of Australia was the process by which the six separate British self-governing colonies of Queensland, New South Wales, Victoria, Tasmania, South Australia (which also governed what is now the Northern Territory), and Western Australia agreed to unite and form the Commonwealth of Australia, establishing a system of federalism in Australia. The colonies of Fiji and New Zealand were originally part of this process, but they decided not to join the federation. Following federation, the six colonies that united to form the Commonwealth of Australia as states kept the systems of government (and the bicameral legislatures) that they had developed as separate colonies, but they also agreed to have a federal government that was responsible for matters concerning the whole nation. When the Constitution of Australia came into force, on 1 January 1901, the colonies collectively became states of the Commonwealth of Australia. The efforts to bring about federation in the m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
