Telstra Corporation Limited (TLS) Share Price

TLS Company Profile

 

We are Australia's leading telecommunications and information services company, with one of the best known brands in the country. We offer a full range of services and compete in all telecommunications markets throughout Australia, providing more than 9.6 million Australian fixed line and more than 9.3 million mobile services, including 3.3 million 3G services. Our main activities include the provision of:

basic access services to most homes and businesses in Australia local and long distance telephone calls in Australia and international calls to and from Australia mobile telecommunications services broadband access and content a comprehensive range of data and Internet services (including through Telstra BigPond®, Australia's leading Internet service provider) management of business customers' IT and/or telecommunications services wholesale services to other carriers, carriage service providers and ISPs advertising, search and information services (through Sensis, Australia's leading directory and search company) cable distribution services for FOXTEL's® cable subscription television services.

One of our major strengths in providing integrated telecommunications services is our vast geographical coverage through both our fixed and mobile network infrastructure. This network and systems infrastructure underpins the carriage and termination of the majority of Australia's domestic and international voice and data telephony traffic.

The Company

Telstra is Australia's leading telecommunications and information services company, with one of the best known brands in the country. We offer a full range of products and services and compete in all telecommunications markets throughout Australia, providing 9.8 million fixed line services and 9.2 million mobile services. We are Australia’s 3G market leader, with over 2 million 3G customers – including 1 million experiencing the superior coverage, speed, content, applications and services of the Next G™ network In the financial year ended 30 June, 2007 sales revenue was A$23.7 billion and underlying EBIT A$5.8 billion. We are one of Australia's top 10 listed companies, and we are a Fortune 500 company Telstra won “Next Generation Network Service Provider of the Year” Award at the Frost & Sullivan Asia Pacific ICT Awards in June 2007 Telstra won the Innovation Mobility Award for our Next G™ network rollout at the 2007 ACOMMS Awards. We aim to be the partner of choice in the Asia Pacific region; we are the second largest full service provider in New Zealand and the leading mobile operator in Hong Kong. We have a controlling stake in China's leading real estate and home furnishing web site, SouFun. 

Business Units

    * Telstra Consumer Marketing & Channels     * Telstra Business     * Telstra Enterprise and Government     * Telstra Country Wide®     * Telstra BigPond®     * Finance and Administration     * Human Resources     * Legal Services     * Public Policy & Communications     * Sensis Pty Ltd     * Strategic Marketing     * Telstra Operations     * Telstra Wholesale

Telstra Consumer Marketing & Channels

Telstra Consumer Marketing & Channels is responsible for serving metropolitan customers with our full range of products and services including fixed lines, mobiles, Internet access and Pay TV services. It also has responsibility for mass marketing channels including Telstra’s call centres, Telstra Shops and the dealer network.

Telstra Business

Telstra Business is responsible for serving the unique needs of Australia’s small to medium enterprises (SME) with fixed line, mobile and broadband, as well as data and Internet solutions tailored for business.

Telstra Enterprise and Government

Telstra Enterprise & Government (TE&G) is the leading provider of network based solutions and services to enterprise and governments in Australia and New Zealand. We provide unique and integrated voice, data and mobile services and solutions to around 1,500 enterprise and government customers in Australia, and offer a growing range of differentiated and world-leading products and solutions delivered over Telstra’s unique Next IP™ and Next G™ networks.

Our Next Dimension Working™ offers a new way of working, without the constraints of time, distance and devices. Our products and solutions offer substantial value creation possibilities by unlocking new ways to generate revenues, productivity improvements and efficiencies.

Our wholly-owned subsidiary TelstraClear is New Zealand’s second largest full service telecommunications company, providing innovative market leading products and services to the business, government, wholesale and residential sectors. We also provide access to innovative and flexible IT solutions through our subsidiary, KAZ, the largest Australian owned IT services company in Australia.

In addition, our international operations span more than 10 countries and serve over half of the world’s top 500 companies. Our global presence provides customers expanding overseas with local support and service with extensive in-country advice through our Global Business operations, recently renamed Telstra International.

Interested in working at TE&G? We need a wide range of technical skills, from customer service centre to sales solutions specialists. We have jobs for strategists, customer service consultants, mobile specialists, administration and sales executives.

TE&G On Boarding Portal Welcome. Before your first day with TE&G, take our preliminary induction tour to meet our Senior Leadership Team, learn about Our Telstra Way and what to expect at Telstra & TE&G. You can also familiarise yourself with our customers and our product offerings. You'll discover some of the benefits we provide you and what to look forward to in your new role. Our aim is to make TE&G the best place to work.

Telstra Country Wide®

Telstra Country Wide® is focused on providing improved telecommunications and information technology services to customers in outer metropolitan, regional, rural and remote parts of Australia. This business unit was formed in June 2000 with the aim to establish a strong presence and grow our business in regional Australia. Following an internal organisational restructure in January 2003, the sales and service area of the group was increased to include a number of additional outer metropolitan communities in Queensland, New South Wales and Victoria. The local management model was further extended in January 2005 to incorporate the metropolitan cities of Adelaide, Brisbane and Perth.    

Telstra BigPond®

Telstra BigPond® is responsible for providing broadband and narrowband internet services for consumer and small and medium business customers, as well as value added services and content services for broadband and Telstra 3G Mobile (including BigPond® Movies, BigPond® Music, BigPond® Sport, BigPond® Games, BigBlog and BigPond TV)   

Finance and Administration

Finance and Administration is responsible for corporate policy and support functions including finance, risk management, assurance, shared services for processing functions, treasury and other corporate services. In addition, it is responsible for the financial management of the majority of Telstra’s fixed assets, including network assets.

Human Resources

Human Resources is responsible for all our human resources matters including organisational design, implementation of people and culture initiatives, leadership development, talent management, health, safety and the environment, professional development and all employment and remuneration policies.

Legal Services

Legal Services provides operational and strategic legal support and advice across the company, with lawyers from Legal Services serving clients in all strategic and corporate centre business units. Public Policy & Communications

Public Policy & Communications (PP&C) manages corporate communications and public affairs across Telstra including media relations, employee communications, corporate social responsibility (including the Telstra Foundation), corporate content on the Telstra website (www.telstra.com), Telstra's www.nowwearetalking.com.au website and external relations. PP&C’s external relations responsibility includes government relations at every level and regulatory positioning and negotiation, including assessment of regulatory risks, advice and counsel to business units, preparation of submissions to industry regulators, and the facilitation of regulatory compliance through advisory services and the management of a regulatory compliance assurance program.

Sensis Pty Ltd

Sensis Pty Ltd is a wholly owned subsidiary and Australia’s leading information resource. Sensis is responsible for our advertising and information services including White Pages®, Yellow Pages™, TradingPost®, Whereis® and Citysearch®. Related websites:

    * Sensis     * White Pages     * Yellow Pages     * TradingPost     * Whereis     * Citysearch

Strategic Marketing

Strategic Marketing is responsible for the overall marketing, brand, promotions and advertising direction of Telstra, as well as implementing market-based management across the company, by putting the customer at the centre of everything Telstra does.

Strategic Marketing is also responsible for Telstra Asia, which manages our international interests in Asia, including CSL New World Mobility, Hong Kong's largest mobile business and our joint venture REACH in Hong Kong. It also directs our offshore growth strategy, with a current focus on enhancing the value of our existing investments, profitably rationalising non-core assets and positioning us to capture high growth opportunities in the region, particularly China and South East Asia. Related websites:

    * REACH     * Hong Kong CSL     * New World Mobility

Telstra Operations

Telstra Operations has responsibility for all functions that are associated with the operations of Telstra. Using a 'One Factory' approach to improve Telstra's customer service delivery and customer satisfaction, the group includes Telstra Networks and Services, IT Services, Product Management, Procurement, Strategic Supplier Relations, Credit Management and the productivity and billing directorates. In addition, the cross-company Program Office identifies and prioritises opportunities for streamlining, implementing and coordinating all aspects of the company's operations in order to deliver the best possible customer service.

Telstra Wholesale

Telstra Wholesale provides a wide range of wholesale products and services to the Australian domestic market including fixed, wireless, data and internet, transmission and IP, interconnection, access to our network facilities, and retail/rebill products. Telstra Wholesale now also serves Global Wholesale markets to satisfy growing internet and high bandwidth needs.

 Vision and Mission Our vision

To know our customers and meet their needs better than anyone else. Our mission

To do for customers what no one else has done: create a world of 1 click, 1 touch, 1 button, 1 screen, 1 step solutions that are simple, easy and valued by individuals, businesses, enterprises and government. Customer experience

To give customers a personalised, seamless experience that makes it easy for them to do what they want, when they want to. Our cultural priorities

    People. Power     People are the power behind Telstra.     And people are empowered to do whatever it takes for our customers.    Customer. First    Every job ultimately affects our customers.    At Telstra, everyone’s first priority is to make sure we care for and about every customer’s experience with us.    Done Now     We get done everything we need to do to satisfy customers.    And we get it done fast to stay ahead of every competitor.    We get it. Together    Here, everyone understands it takes all of us to give our customers truly integrated solutions.    It’s great when it all comes together.    Compete. Win    Winners are the ones who never stop finding ways to serve our customers better than any competitor. We’re not here to compete but to win.    Anything. Possible    We’ll do anything to assure our customers a better experience.    And here, anything is possible.

 Shareholders

We have two main priorities – putting our customers at the centre of everything we do and creating shareholder value for our shareholders. Corporate responsibility helps us deliver for our customers and shareholders because acting responsibly makes good business sense. Corporate responsibility helps us to be more efficient, increases productivity and helps people feel proud about working for Telstra.

The Investor Centre is a dedicated resource for our shareholders and potential investors. You can access our ASX announcements, obtain up to date information on Telstra's share price, financial performance and dividend history and access Telstra's share registry to update your details online.

Our origins date back to 1901, when the Postmaster-General's Department was established by the Commonwealth Government to manage all domestic telephone, telegraph and postal services, and to 1946, when the Overseas Telecommunications Commission was established by the Commonwealth Government to manage international telecommunications services.

Since then we have been transformed and renamed several times as follows:

    * the Australian Telecommunications Commission, trading as Telecom Australia in July 1975;     * the Australian Telecommunications Corporation, trading as Telecom Australia in January 1989;     * the Australian and Overseas Telecommunications Corporation Limited in February 1992;     * Telstra Corporation Limited in April 1993, trading internationally as Telstra; and     * trading domestically as Telstra in 1995.

We were incorporated as an Australian public limited liability company in November 1991.

Following the opening of Australia's telecommunications markets to full competition in July 1997, we underwent a partial privatisation in November 1997 under which the Commonwealth sold approximately 33 per cent of our issued shares to the public.

Following the initial privatisation, those of our shares that are not held by the Commonwealth are quoted on the Australian Stock Exchange and on the New Zealand Stock Exchange. American depositary shares, each representing five shares evidenced by American depositary receipts, have been issued by the Bank of New York as depositary (Depositary) and are listed on the New York Stock Exchange.

In March 2007, Telstra confirmed its intention to withdraw the listing of its American Depositary Shares, evidenced by American Depositary Receipts (ADR), and the underlying ordinary shares from the New York Stock Exchange. In conjunction with the delisting, Telstra will be moving to an over-the-counter ADR program. The securities will not be listed on any other exchange in the United States, but Telstra's ordinary shares will continue to be listed on the Australian Stock Exchange.

A further global offering by the Commonwealth of up to 16.6 per cent of our issued shares was launched in September 1999. The shares sold by the Commonwealth were also listed on the Australian Stock Exchange, the New Zealand Stock Exchange and the New York Stock Exchange on 18 October 1999.

In November 2006, the Commonwealth sold its remaining stake in Telstra as part of the T3 Share Offer. Its residual 17 per cent shareholding was transferred to the Future Fund in February 2007.

For more information www.telstra.com.au