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Telstra bought its stake in SouFun for $US254 million ($A277.29 million) in August 2006.
Tags: Telstra Corp Ltd, SouFun Holdings Ltd, China, Australia, Sydney, Mobile phone companies, Business Finance, Telstra, Temasek Holdings' investments, Optus, Communications in Australia, Temasek Holdings, Initial public offering, Hutchison 3G
Telstra has announced a full-year profit of $4.07 billion, which compares with $3.7 billion last financial year, and comfortably beats the median analyst estimate of $3.8 billion. Telstra says it has experienced strong growth in revenue and earnings despite...
Tags: TelstraClear Ltd., Telstra NBN, Telstra Corp Ltd, Telstraclear, Australia, broadband network
Poor's has cut Telstra's long-term debt outlook to negative, warning that the federal Government's new broadband plans have created significant uncertainty about the company's "future structure and composition". The ratings agency said yesterday it had...
Tags: Telstra Corp Ltd, cut telstra