Corporate Profile for Telstra, dated May 24, 1996.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy An online information service that provides access to the Internet, e-mail and a variety of databases. Launched in 1988, Prodigy was the first consumer-oriented online service in the U.S. , Comtex, and many others. -0- Published date: May 24, 1996 Company name: Telstra
Address: 50 Francisco Street, Suite 105
San Francisco, Calif. 94133
Telephone No.: 415/788-5951 URL/email: www.telstra.com.au Chief Executive Officer: Frank Blount Chief Financial Officer: Paul Rizzo Public Relations Contact: Katrina Drewer Business number: 415/922-5452 Trading symbol: n/a Industry: Telecommunications Company description: As Australia's leading integrated telecommunications and information services provider with a focus on the Asia-Pacific region, Telstra's strategy for international growth is built around two primary objectives: -- to meet the communications requirements of its customers, including appropriate services provided through alliances with other carriers and regional telecommunications hubs, and -- to draw on its substantial technical, marketing and financial resources to provide telecommunications services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. in other countries, particularly in the Asia-Pacific region. Financial Performance Ranked among the top 20 of the world's telecommunications carriers, Telstra is one of Australia's largest business enterprises. Financial results for 1994/95 were:
Revenue US $10 billion Debt Ratio 35 percent
Assets US $17 billion Return on Assets 13.5 percent
After-tax Profit US $1.2 billion Return
on Investment 18.2 percent
Telstra provides world-class communications services and is continuing to modernize mod·ern·ize v. mo·dern·ized, mo·dern·iz·ing, mo·dern·iz·es v.tr. To make modern in appearance, style, or character; update. v.intr. To accept or adopt modern ways, ideas, or style. its network through the extension of digital technology and optical fibre pathways. The company also provides high-quality analog and digital mobile networks, paging, cordless telephone A cordless telephone or portable telephone is a telephone with a wireless handset which communicates via radio waves with a base station connected to a fixed telephone line (POTS) and can only be operated near (typically within 100 meters or 328 ft from) its base station and trunked radio services, sophisticated ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. , high speed data and other business services, and advanced rural and remote telecommunications services. Australians in both rural and urban communities have access to fully automatic, advanced telecommunications services with direct dial facilities to Telstra's extensive international network, reaching nearly 200 countries. CONTACT: Telstra |
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