telstra

Australian-based telecommunications company, Telstra Corporation Limited, recently confirmed that they are currently in joint-venture talks with San Miguel Corporation (SMC) for a possible investment on the conglomerate’s wireless business. “Telstra does lack emerging-market experience”, but has a wealth of experience in the telecommunications segment.

Better Network Infrastructure If this deal come to a fruition, majority of the investment that SMC will receive from Telstra will likely be used to improve its network infrastructure in the country. At the time of writing, both SMC and Telstra stated that they have not reached an agreement regarding the matter and “there is no certainty that this will occur.” [Source]

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