Telstra Corporation Limited - Essay Example

Only on StudentShare

Extract of sample
Telstra Corporation Limited


The company has made its IPO (initial public offering) in 1991. Currently, the company is under joint public/private ownership, with the Australian government holding 51.8% of its share as of the mid-2005 (Telstra 1). The privatization of Telstra has begun in the late 1990's by the coalition government. However, full privatization which would mean divesting all the government's shares had been blocked until the 14th of September 2005.
The true value of the company's stock is currently under hot speculation from the different industry players. Experts assert that the company's stock is overvalued as some financial information were revealed to the government, the company's largest stakeholder yet remained concealed to the remaining 1.6 million shareholders. The company had allegedly borrowed US$500 million from its reserves to cover its dividend payout in 2005 and another US$2.5 billion for its dividend obligations in 2006. It was also reported that the company needs a minimum of US$3 billion cash outlay in order to rehabilitate its faulty lines. ...
Download paper

Summary

Telstra Corporation Limited is the largest player in the Australian telecommunication and information services industry. The company's holds the largest market share in the country's mobile market (45%) and 41% of the local broadband reach.
The company's wide product line ranges from the provision of basic access services which involves installing, renting, and maintaining connections between customer premises and public switched telephone network to local and long distance telephone call services, mobile telecommunication services, and data and internet services…
Author : damariswilderma

Related Essays

Customer Satisfaction and Market Segmentation of Mass Transit Railway (MTR) Corporation Limited
The research has played an important role in highlighting the importance and need of customer satisfaction in the success and growth of the organsiation. The researcher had always an interest in understanding the dynamics of marketing and strategic management and the research offered an opportunity to learn different intricacies of the subject matter. While conducting the research, there were moments when the whole idea of achieving the proposed aim and objectives was looking far away. However, with due support of professors, friends and family, there was a new way that helped in gaining...
54 pages (13554 words) Dissertation
Morrison's Limited Report Plan
As of the end of 2006, Morrison’s Limited has 11.3% of the UK grocery market share, with Tesco in the lead with 30.6% and Asda in second place by market share with 16.3%. Morrison’s has grown quite impressively in the last decade. In 2004, they reported a large and healthy increase in sales and operating profits. However, it faced some problem areas as well in the form of the acquisition of Safeway which has been dragging down Morrison’s overall profit levels. There have been some solutions suggested to the problems Morrison’s currently faces. To increase the currently low performance...
7 pages (1757 words) Essay
Limited Liability Partnership
This business entity will be registered in the US under the state laws of the country. As an entrepreneur, I have identified two other investors who have a similar objective of establishing a social communication company in the US that will link up people through a website. In order for people to communicate, they will have to register and give their personal details that will differentiate them from other persons. Under this communication platform, we will earn our income from advertisements, which are posted, on our websites. This means that the higher the number of registered social...
3 pages (753 words) Essay
Private Limited Companies
This discussion gives various aspects of the Company law, the development of the private limited company and the role of the joint stock companies....
12 pages (3012 words) Essay
Limited Liability Partnerships Essay
Limited liability partnership (LLP) maintains the many characteristics of general partnership but shields the partner against unlimited liability from the creditors of the firm. In a Limited liability partnership the is the advantage of a flexibility of an unlimited partnership coupled with the limited liability of the partner as the business incorporated in this structure is treated as a separate legal entity and makes the entity responsible for any business debts arising thereof. In the US, state registration is required to set up an LLP. Besides the state needs proof that the partnership...
10 pages (2510 words) Essay
limited partnership
One partner may be both a general and limited partner. When this is the case, all the rights and responsibilities that apply to a general partner also apply to him. However, the contribution that such a partner gives is protected in law just like that of any other limited partner....
1 pages (251 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!