Parent Company: Telstra Corporation Ltd.
Brand Value: $10,774 mil
Headquarter City: Melbourne
Industry: Telecom Provider
Year Formed: 1975
Australia’s largest telecom business, Telstra formed in 1992 through the merger of government and business and now boasts dominant market leadership on all fixed-wire services including telephone, television, data cable networks, and mobile. Telstra focuses on delivering connectivity, media and content including cloud and other technology services. In 2016, Telstra surpassed annual revenues of nearly $26 billion, reaching 98% of the Australian population through its 4G network and 72% of the country’s small and medium businesses. It’s half-million WiFi-homespots and 4,500 public hotspots reach nearly all the country’s broadband and mobile customers. Telstra continues to expand into global markets with over 150 subsidiaries and as of mid-2016 operates in Europe, Hong Kong, China, the U.S., (linking Sydney and Hawaii), India, Japan, and Indonesia. By partnering with global player, Fon, Telstra accesses over 19 million hotspots overseas. Global markets represent nearly a quarter of its revenues and this segment has grown by double digits over the last few years. Telstra’s current and future growth strategy is focused on opportunities in eHealth, software development and digital.