Telstra: Übernahme, gehts jetzt mal los? - 500 Beiträge pro Seite

[FujiPyjama]

Telstra kauft Trading Post Group
Ausbau der Präsenz im Print- und Online-Werbegeschäft

Melbourne (pte, 08. Mär 2004 10:17) - Der australische Telekommunikationskonzern Telstra http://telstra.com hat den Kauf der Trading Post Group http://www.tradingpost.com.au , einer Tochter des niederländischen Unternehmens Trader Classified Media, für 636 Mio. Australische Dollar (390 Mio. Euro) bekannt gegeben. Das berichtet das Wall Street Journal (WSJ) heute, Montag. Dadurch will Telstra nach eigenen Angaben seine Präsenz im schnell wachsenden Print- und Online-Werbegeschäft ausbauen.

Sensis, der Telefonbuch- und Marketingbereich von Telstra, kann durch die Übernahme seinen Marktanteil im Werbebereich von 13 Prozent auf 15 Prozent erhöhen. Der Anteil im Online-Werbebereich steigt sogar auf 26 Prozent. Die Trading Post Group rechnet im Kalenderjahr 2004 mit einem Umsatz von rund 148 Mio. Australischen Dollar (91 Mio. Euro).

"Sensis kann entscheidend dazu beitragen, die Trading Post zum Marktführer auf dem klassischen Werbemarkt Australiens zu machen", sagte der CEO von Sensis, Andrew Day. Die Trading Post Group wiederum ermögliche den Sensis-Kunden den Zugang zu mehr Online-Produkten, so Day zum Nutzen der Übernahme für Sensis. (Ende)

Aussender: pressetext.deutschland
Redakteur: Jörn Brien,
email: [e-mail],
Tel. [phone]

Bislang wurde Telstra völlig vernachlässigt:





Fujipyjama

[FujiPyjama]

das hört sich wiederum nicht so toll an:

Telstra downgraded
Leela de Kretser
10mar04

ANALYSTS downgraded Telstra yesterday over fears it had overpaid for the Trading Post Group and reduced the chance of a special dividend or buyback for shareholders this year.

Amid speculation the telco would float the new owner of the Trading Post, Telstra subsidiary Sensis, Citibank Smith Barney downgraded its recommendation from a buy to a low-risk hold.
Citibank said Telstra, whose CEO is Ziggy Switkowski, paid a full price at $636 million, but the contribution from Trading Post`s advertising earnings at Trading Post, which publishes Trading Post, would be immaterial.

The target price was dropped from $5.40 to $4.90.

Telstra`s scrip finished yesterday 2c lower at $4.70.









Stockbroker Marcus Padley said market talk was that another buyback would now be impossible.

"Brokers are suggesting that the acquisition makes a repeat of last year`s $1 billion off-market share buyback less likely now," he wrote in his Marcus Today newsletter.

"(There is) talk that the deal shows that Telstra is able to move freely without government hindrance and that this will open up the prospect of further strategic initiatives – probably not what shareholders want.

"(There are) suggestions that this is all part of the build-up to a Sensis sell-off by the Government in its next term."

John Fairfax Holdings` share price also fell 2 to $3.37 as the classifieds arm of Telstra became a tough new competitor for the "rivers of gold".

Fairfax had hoped to buy the Trading Post Group, but it is believed for a much lower price.

Goldman Sachs JBWere agreed Telstra had paid a full price. It downgraded earnings for this year by 0.1 per cent and upgraded for next year by 0.2 per cent with a hold recommendation.

UBS Warburg kept a buy recommendation and a $5.45 target price.

As the market digested news of the acquisition, independents in federal Parliament said they would continue to block the sale of Telstra.

Independent senators who voted against the sale in October said they had not changed their minds.

The Federal Government needs four more votes in the Senate to approve the sale of its stake in Australia`s largest phone company.

"The sale will not happen," Len Harris, an independent senator from Queensland said. "I will not vote for the sale of Telstra while the people I represent remain opposed to it."




Fujipyjama

[Prognoserich]

Telstra on notice over broadband

19mar04

THE Australian Competition and Consumer Commission today issued a "Part A" competition notice to Telstra Corp Ltd, saying the telecommunications company was engaging, or had engaged, in anti-competitive conduct in relation to its broadband pricing.

"Telstra has engaged, or is engaging, in anti-competitive conduct in relation to Telstra`s wholesale pricing of high-speed Internet services in light of its retail offerings," ACCC chairman Graeme Samuel said.
Rival ISPs (Internet service providers) were angered last month when Telstra slashed its retail broadband internet prices to $29.95 a month after making a deal with Optus and other parts of the industry to sell it to them at $36.

The ACCC is now asking Telstra to engage in negotiations with its wholesale customers "as a matter of urgency".

"The ACCC is aware that negotiations between Telstra and its wholesale customers have been under way since the ACCC issued a consultation notice to Telstra," Mr Samuel said.









"In further assessing Telstra`s conduct, the ACCC will be examining any new pricing offers."

The issue of the notice now allows parties such as Internet service providers and carriers to take action to seek damages and compensation for the specified anti-competitive conduct that occurs while the notice is in force.

It also gives ACCC the option of seeking pecuniary measures, through the federal court, which may impose a $10 million penalty for each contravention of the competition rule and $1 million for each day that it continues.

The ACCC has been investigating the pricing of broadband since Telstra announced its new pricing on February 16.

[FujiPyjama]

was ist denn nur mit Telstra los?


Fujipyjama

[FujiPyjama]

die Aktie erholt sich wieder etwas.


Fujipyjama

[FujiPyjama]

Telstra expects $200m line rental windfall
Telstra expects to reap an extra $200 million a year by increasing phone line rental charges from next month.

Monthly fixed line rentals will rise by between 60 cents and more than $3 from June, meaning phone users will pay $30 a month to have the phone on.

Labor says the rises are outrageous but Telstra spokesman John Stanhope has told a Senate committee hearing the rise will be offset by an expected drop in call revenue of about $20 million.

"It`s hard to estimate because you don`t know what`s going to happen to volumes of course, so as we talked about before, customers may leave," he said.

"But on a pure price basis it`s around $200 million."

Fujipyjama

[Prognoserich]

Telstra has no choice on reinjecting capital into Reach-analysts
Source: SYDNEY, June 17 AAP
Published: Thursday June 17 2004, 4:15 PM

Telstra Corp Ltd has virtually no choice but to inject more capital into its ailing Reach undersea cable joint venture, because it has committed 90 per cent of its international phone calls and internet connections to run through Reach`s cables, according to analysts.

Telstra and its 50/50 joint venture partner in Reach, Hong Kong`s Pacific Century CyberWorks (PCCW), have spent months in talks with a syndicate of banks that are owed $US1.2 billion from Reach.

Speculation has grown that Telstra and PCCW could soon announce the outcome of those talks, which analysts say could involve a Telstra investment of $300-500 million to help bail out Reach.

Another alternative is that Telstra and PCCW could decide to just walk away from Reach altogether and allow Reach to be re-claimed by the banks. advertisement

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A sticking point is that Telstra has committed to buying a minimum of 90 per cent of its international capacity requirements from Reach "until the loan is repaid by Reach".

Telstra has already paid $US143 million ($A191 million) for that capacity.

The commitment was part of a deal Telstra and PCCW made with the banks last year to help reduce Reach`s debt from $US1.5 billion to $US1.2 billion.

Credit Suisse First Boston analyst Guy Hallwright said the banks could force Telstra and PCCW to honour their commitments to use Reach`s bandwidth if the telcos walk away.

"If (Telstra) walked away from Reach, presumably the banks would insist on the contract," he said.

It`s unclear whether or not that would be the case.

"It depends on a lot of different things. I don`t know what the banks are prepared to do," Mr Hallwright said.

If the banks don`t insist on Telstra honouring its commitment, there would be no difficulties in Telstra getting the bandwidth from another provider.

However CommSec analyst Graeme Woodbridge said it would probably cost Telstra just as much as bailing Reach out.

"The issue is: does Telstra put some more money into Reach to keep it going or does it allow Reach to fold and then have to go and buy network capacity on other cables?" he said.

"Either way it seems that Telstra would have to pay out."

The Reach joint venture was started during the tech boom of 2000, but has since suffered from a global oversupply of undersea cables.

Reach`s business is to provide bandwidth across Asia for telephones and the internet, and it has interests in more than 40 submarine cables.

But its poor performance led to Telstra last year making a $965 million writedown on the joint venture to zero.

"The only thing that stops this business from being insolvent is that the debts aren`t due until 2010," one analyst said.

However there would still be some positives for Telstra in keeping Reach.

Citigroup Smith Barney analysts said it would preserve Telstra`s relationships with the banks.

It would also allow Telstra to maintain ownership "of an asset with increasing strategic importance, given growing bandwidth requirements", Citigroup said in a report to clients.

Citigroup said it expected a settlement with the banks between 20-25 cents in the dollar plus working capital, totalling $300 million for Telstra.

Citigroup said it did not expect Telstra to write down the existing pre-payment.

However ABN-Amro`s Justin Cameron suggested the pre-payment, of about $A191 million, would be written off.

Telstra would also be forced to provide capital support between $400-500 million, as well as make $264 million worth of debt repayments over the next few years, Mr Cameron said. in a report.

Telstra today reiterated its position that Reach has funding until the end of 2004.

"Reach is in discussion with the banks in relation to its loan facility," Telstra spokeswoman Kerrina Lawrence said.

"We can`t provide any further update until the discussions are complete."

Telstra shares closed steady at $4.79. It was the top traded stock today with more than 45 million exchanged.

By Roz Alderton

[FujiPyjama]

paar News

Der australische Telekommunikationsanbieter Telstra will über einen Zeitraum von drei Jahren insgesamt 4.5 Milliarden Australische Dollar (US$3.0 Milliarden) an die Aktionäre ausschütten und gab eine stärkere Fokussierung auf das Kerngeschäft bekannt. Telstra Corp., dass zu Teilen der australischen Regierung gehört, will pro Jahr A$1.5 Milliarden durch Spezialdividenden und Aktienrückkaufprogramme an Aktionäre ausschütten.

© BörseGo

Telstra muss Expansionskurs in Asien stoppen
Großaktionäre erzwingen zudem hohe Dividendenausschüttungen

Der australische Telekommunikationskonzern Telstra muss unter wachsendem Druck seiner Investoren den Expansionskurs in Asien stoppen. Zudem haben die Großaktionäre erzwungen, dass in den nächsten drei Jahren jeweils Dividenden- und / oder Aktienrückkaufprogramme in Höhe von umgerechnet 1 Milliarde US-Dollar anlaufen müssen. Das Unternehmen gab den Strategiewechsel gestern in Sydney bekannt.

Weiter kündigte der teilweise staatliche Konzern an, vom kommenden Finanzjahr an 80 Prozent des Betriebsgewinns als Dividenden auszubezahlen, gegenüber bisher 60 Prozent. In den letzten Jahren hatte sich der Konzern mit Engagements in Asien mehrmals vertan und musste auf missglückte Projekten Abschreibungen von rund 2 Mrd. Dollar vornehmen.

Man wolle sich nunmehr auf das bestehende Geschäft in Australien, Neuseeland und Asien konzentrieren und vor allem auf dem Gebiet der Kunden-Services Verbesserungen erreichen, aber auch Einsparungen erzielen, so Finanzchef John Stanhope. Außerdem will man Mittel ansparen, um auf neu auftauchende Technologien schnell reagieren zu können. (as)



Fujipyjama

[Prognoserich]

Telstra startet mit 3G

Von Martin Fiutak
ZDNet mit Material von pte
22. Juli 2004, 15:22 Uhr
Ihre Meinung zum Thema

Push für neueste Mobilfunk-Generation auf Fünftem Kontinent
Der australische Telekom-Konzern Telstra will im kommenden Jahr mit 3G, der neuesten Mobilfunk-Generation, starten. Telstra will rund 640 Millionen Dollar in den Aufbau eines Netzes der dritten Mobilfunk-Generation investieren, berichtet das "Wall Street Journal" heute. Der Eintritt des größten Telekom-Providers dürfte dem 3G-Markt auf dem Fünften Kontinent einen neuen Wachstumsschub bescheren.

Auf ein genaues Datum bezüglich des 3G-Markteintrittes wollte sich Telstra-Manager Ted Pretty nicht festlegen. Auch ob das Netz gänzlich selbst aufgebaut wird oder Sharing-Abkommen mit anderen Providern getroffen werden, steht laut Pretty noch nicht fest. Der Rollout wird jedenfalls schrittweise erfolgen. In den kommenden drei bis vier Jahren sollen Telstra-Kunden in den Städten nach und nach das 3G-Service nutzen können.

Neben Telstra bereitet auch die neuseeländische Telecom Corp. Of New Zealand ihren 3G-Einstieg in Down Under vor. Die australische Telecom-Tochter AAPT wird dabei vor allem als Reseller von Services der australischen Hutchison-Tochter 3 auftreten. Die neuseeländische Telecom hatte sich bereits vor drei Jahren mit einem 20-prozentigen Anteil an der australischen Hutchison-Tochter beteiligt.

[FujiPyjama]

Telstra signs deal for TABCORP network
Telstra has signed a $62 million deal with gambling giant TABCORP to provide voice, data, mobile and Internet services over four years.

Under the agreement, Telstra will provide a data network linking TABCORP`s 2,660 sites across Australia.

Telstra will also manage the company`s voice services and mobile phone fleet.

The deal does not apply to Tab Limited which was recently taken over by TABCORP.

Fujipyjama