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Telstra Corporation is an Australian telecommunications company which designs, builds, and manages telecommunications networks and markets mobile, voice, and Internet access, pay-tv and other services and products. Telstra is the largest and biggest wireless network carrier in Australia, with over 20 million mobile subscribers as of December 2020.
Telstra has a long business and corporate history in Australia, beginning alongside Australia Post upon national federation in 1901. Telstra eventually transitioned from a government-owned enterprise to a wholly privatized entity, that focused on differentiated products and rising technologies.
The business name "Telstra" was derived from the word combination of ‘Telecom Australia’, which was introduced all through the entire organization in 1996.
Telstra faced business competition since the 1990s from rival Optus, and a number of smaller telecommunication providers. Telstra once held ownership of the countries fixed-line telephone network, but when the National Broadband Network (NBN) was introduced, the Australian Government now has ownership of fixed-line telephone network. Telstra has a pay TV service and owns approximately 40% of the media company Foxtel.
Telstra is easily situated as Australia’s leading telecommunications company, and they proudly offer a complete range of telecommunications services. They have an international business presence covering over 20 countries.
In April 2014, Telstra announced it was diversifying into a new digital program called "Digital First", with a business aim to operate upwards of 75 to 80 percent of its business transactions online. Nowadays Telstra has approximately 150 subsidiary businesses and employees over 20,000 people.