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Telstra tees up $1.6bn for fibre and satellite projects

The five year investment program will result in the deployment of ground infrastructure and fibre networks to support the rapid growth in usage of digital services across Down Under.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

February 02, 2022 | 1:14 AM GMT

Telstra tees up $1.6bn for fibre and satellite projects

Telstra CEO Andrew Penn. Source: Telstra

Australian telecommunications company Telstra Corporation (ASX: TLS) said it will invest in two major telecommunications infrastructure projects to support the nation’s digital economy at a cost of up to AU$1.6 billion (US$1.14 billion).

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João Marques Lima

Founder and Editor, The Tech Capital

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