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Australia's Telstra launches A$1 billion 3G network ahead of government sell-off

Australia's Telstra launches A$1 billion 3G network ahead of government sell-off

Australian telecommunications giant Telstra Corp. on Friday launched a third-generation network it says will reach 98 percent of the country and cover the largest geographical area of any such network in the world.
The announcement comes ahead of the government's sale of its remaining 51.8 percent stake in Telstra, which has seen its share price plunge nearly 50 percent over the past five years.
The A$1 billionr (US$746,000;


Updated : 2021-05-09 19:42 GMT+08:00