View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
July 30, 1997updated 05 Sep 2016 12:39pm

TELSTRA TAKES STAKE IN AT&T’S WORLPARTNERS ASSOCIATION

By CBR Staff Writer

British Telecommunications Plc said it wasn’t interested in a stake in Australian telecommunications giant Telstra Corp earlier this year (CI No 3,107), and so Telstra’s gone off and joined AT&T Corp’s Worldpartners Association global alliance, taking an equity stake of between 10% and 20%. Other Worldstar equity partners are Japan’s Kokusai Denshin Denwa Co, Singapore Telecom Ltd and Unisource NV. At one stage, Telstra was tipped to take a 10% stake in the BT-MCI Corp Concert joint venture. Now BT will have Asia-Pacific competition not only from Telstra but also from Australia’s second carrier Optus Communications Inc, on which it once also had it eye (CI No 2,856) until Cable and Wireless Plc took over (CI No 3,194).

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU