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Telstra hands $1b back to shareholders

2014-08-14 10:00:01| Telecom - Topix.net

Telstra boss David Thodey had an enviable problem heading into the release of the company's full year results: what do you do with a $4.7 billion pile of cash? The telco's 1.4 million shareholders have been eagerly eyeing off the cash pile, which built up in recent years thanks in part to the sale of its Sensis directories business and its stake in ... (more)

Tags: back hands shareholders telstra

 

Telstra invests USD 270 mln, increases Ooyala stake to 98%

2014-08-12 08:16:00| Telecompaper Headlines

(Telecompaper) Telstra has agreed to acquire US-based video streaming and analytics provider Ooyala. Telstra will invest around USD 270 million to increase its ownership in Ooyala from 23 percent (fully diluted) to 98 percent. This amount adds to the USD 61 million previously invested in Ooyala over the past two years. The transaction is subject to customary closing conditions, including the receipt of US regulatory approvals, and is expected to be completed in the next 60 days.

Tags: usd increases stake mln

 
 

Telstra acquires US video streaming firm

2014-08-12 06:45:02| Telecom - Topix.net

TELSTRA is taking a controlling stake in US video streaming and analytics platform Ooyala as it looks to expand beyond its traditional telecommunications business.

Tags: video firm streaming acquires

 

Telstra spends US$270m on video platform firm

2014-08-12 02:00:00| Total Telecom industry news

Australian operator raises stake in Ooyala to 98% as part of bid to expand into adjacent markets.

Tags: video firm platform spends

 

Telstra Opens Financial Markets Data Centre at ASX

2014-08-11 06:47:27| IT Services - Topix.net

The Australian Liquidity Centre was built mainly to make available fast and reliable connectivity to other major financial centres.

Tags: data financial centre markets

 

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