Key Stats
Telstra operates as Australia’s largest telecommunications and technology provider. The company delivers comprehensive communications services across mobile networks, NBN broadband internet, 5G technology, and digital streaming platforms.
The company maintains the largest and fastest mobile network across Australia. Telstra provides services to residential customers, small businesses, and large enterprises throughout the country.
With operations spanning over 20 countries and an international presence across Asia-Pacific regions, Telstra stands as one of the major players in the global telecommunications industry. Similar to other major telecommunications companies like BT Group and Orange S.A., Telstra evolved from a government-owned entity into a publicly traded corporation.
Telstra History
Telstra Co-founders
Telstra Revenue
Telstra generated A$23.1 billion in revenue for the fiscal year ending June 2025. The company reported steady growth with a 0.86% increase from the previous year.
Telstra Market Cap
Telstra maintains a market capitalization of A$56.8 billion as of November 2025. The company’s market value increased by 21.57% over the past year.
Telstra Acquisitions
Telstra has completed 24 acquisitions throughout its history, focusing on IT services, telecommunications infrastructure, and cloud computing capabilities. The company’s acquisition strategy centers on expanding digital transformation services and strengthening regional presence across Asia-Pacific markets. This approach mirrors strategies employed by major global telecommunications companies like CenturyLink and Level 3 Communications.
In 2014, Telstra acquired Pacnet for $697 million, marking its largest acquisition deal. This purchase expanded the company’s subsea cable network and enhanced connectivity across Asian markets. The acquisition strengthened Telstra’s position as a major international telecommunications provider.
Recent acquisition activity includes the 2022 purchase of Digicel Pacific, a telecommunications company operating in six Pacific nations. The Australian government supported this strategic acquisition to enhance connectivity across the Pacific region. Telstra acquired Versent in 2023 for $267.5 million, adding cloud transformation capabilities to its enterprise services portfolio.
The company acquired Boost Mobile in 2024, expanding its presence in the mobile virtual network operator market. Earlier acquisitions included Kloud in 2016 and Readify in 2016, both targeting cloud services and application development. Telstra Health has also been active in acquisitions, purchasing MedicalDirector for $257 million in 2021 to strengthen healthcare IT services.
Through its acquisition strategy, Telstra has built capabilities across cybersecurity, managed services, and digital infrastructure. The company continues to evaluate opportunities that align with its technology transformation goals. These strategic purchases position Telstra to serve enterprise customers across multiple technology domains.
Telstra Competitors
Telstra faces competition from multiple telecommunications providers across Australian markets. Optus ranks as the second-largest mobile network operator in the country, while TPG Telecom competes in both mobile and fixed-line services. Internationally, Singapore Telecommunications Limited operates as a major regional competitor.
| Competitor | Country | Primary Services |
|---|---|---|
| Optus | Australia | Mobile, NBN, telecommunications |
| TPG Telecom | Australia | Mobile, broadband, fixed line |
| Vodafone | Australia | Mobile services, internet |
| Aussie Broadband | Australia | NBN, broadband services |
| Vocus | Australia | Fiber, network solutions |
| iiNet | Australia | Internet, broadband services |
| Singtel | Singapore | Mobile, enterprise services |
| PLDT | Philippines | Telecommunications services |
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*Information from Forbes.com, Wikipedia.org, and www.telstra.com.au.
**Video published on YouTube by “Telstra”

