Telstra in never never land

Article Abstract:

Telecommunications company Telstra Corp. needs to move away from privatization and towards becoming a public company to effectively compete globally, create jobs, and service customers. The Australian Parliament plans to sell a further 16.6% of Telstra, making it 49% privatized. Telstra is developing new products and has the opportunity to create jobs in information technology, marketing, and finance. However, Telstra needs the flexibility and management ability that government ownership cannot provide.

Australia, Statistical Data Included, Competition (Economics), Economic aspects, Privatization, Privatization (Business)

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Telstra's flyaway revenue

Article Abstract:

Telstra Managing Dir Frank Blount has changed the operation of the company during the 1990s. Blount believes technological changes will decrease the cost of telephone calls by 99% which will require the company to offer new products. Telstra's planning structure offers a strategy group which meets once each month to evaluate telecommunication services rather than concentrate on details.

Cover Story, Company Profile, Blount, Frank

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