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] Read more in our articles including "Telstra in Talks with San Miguel Corporation" and "WhatsApp adds new features to improve group chats".
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]
Our coverage of telstra includes: "Telstra in Talks with San Miguel Corporation"; "WhatsApp adds new features to improve group chats"; "House bill seeks new rules for AI use in the Philippines". Each article provides unique insights and information.