Telstra still wants top spot in Australia’s telecom market

Telstra boss David Thodey yesterday underlined his intention to extend his domination of the telecom market by creating an in-house venture capital team to develop new applications and IT for his customers.The NBN may have removed one competition bottleneck in the industry by structurally dividing Telstra, but its real competitive advantage is its balance sheet and Thodey intends to use that to ram home his advantage.To read this report in The Australian in full, see:

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