TLSYY - TLSYY STOCK NEWS

Telstra has appointed Steve Mundt as Vice President of Enterprise and Technology for the Americas, overseeing direct sales and new business development. Mundt brings over a decade of experience in telecommunications and global network services, previously serving as Global Account Director for Media and Technology at Telstra. The company is heavily investing in expanding its network infrastructure and connectivity solutions in the Americas and globally, signifying a commitment to enhance its market presence.

Telstra has appointed Noah Drake as President for the Americas, set to lead the company's strategic expansion in the region. With extensive experience in telecommunications, Drake will manage all sales and operations, focusing on enhancing Telstra’s technology solutions and partnerships. His leadership comes during a period of rapid growth driven by heightened demand for connectivity. Previously, he led Telstra’s Customer Solutions and had roles at Zayo Group. His appointment is seen as pivotal for achieving Telstra's ambitious business goals.

Telstra is enhancing its position in the satellite telecommunications sector through a partnership with OneWeb. The company will establish three teleports in Australia, under a 10-year agreement to provide satellite gateway services. The first teleport in Darwin is expected to start installation this month, with two others in Toowoomba and Perth to follow. These facilities will support OneWeb's low-earth orbit satellite network, set to improve global connectivity, especially in hard-to-reach areas of Australia and the Asia-Pacific.

Telstra Ventures released its report, “Tech's Great Migration: Insights to Emerging Tech Hubs Across the U.S.,” analyzing 40,000 startups funded between 2020-2021. Key findings highlight a significant surge in VC investments, particularly in the Blockchain sector (up 182%). Miami emerged as a notable tech hub with a staggering 2061% increase in VC-backed transactions. Meanwhile, traditional hubs like San Francisco and New York City still dominate investment volumes, but regional hubs are rapidly gaining traction.

Telstra Broadcast Services has appointed Emory Strilkauskas as Head of Business Development for the Americas. Strilkauskas will focus on enhancing relationships with broadcasters and partners while expanding the company's broadcast and media portfolio in the United States, Canada, and Latin America. With over 30 years in the industry, including experience at ESPN and Brklyn-Media, he aims to leverage Telstra's innovative connectivity solutions to meet growing demand for content delivery.

Telstra has entered a five-year agreement with the National Hockey League (NHL) to distribute up to 1,400 games annually globally via its Global Media Network (GMN). This contract covers regions including Europe, the Middle East, and Africa, with plans for further expansion. The GMN will provide tailored delivery solutions, enhancing the viewing experience for fans. Telstra's Broadcast Operations Centers in Pittsburgh, Sydney, and London will support this initiative, ensuring reliable connectivity.

Telstra has appointed Vish Vishwanathan as Vice President of its Wholesale group for the Americas. Vishwanathan's extensive 30-year experience in telecommunications includes leadership roles at NTT, CenturyLink, MCI International, and Motorola. He will oversee Telstra's services to telecom providers in North America and plans to extend reach into Latin America, enhancing capabilities for satellite operators. His appointment aligns with Telstra's initiative for international growth and expansion, emphasizing trans-Pacific connectivity and network investments.

Telstra is expanding its operations in Ashburn, Virginia, by nearly tripling its data center footprint, adding more than 30 nodes across the U.S. The upgrade aims to enhance network resiliency and accommodate the growing demand for international connectivity. Telstra plans to increase capacity by over 70 Tbps across its network by June 2022. This expansion will benefit businesses in the Northeast Corridor and supports Telstra's global growth strategy.

Telstra has announced a collaboration with Equinix to enhance its Octagon financial services solution. This partnership aims to expand global access and connectivity between North America and major futures exchanges, utilizing Telstra's low-latency networks for high-frequency trading. The integration supports enhanced trading capabilities, enabling financial organizations to respond swiftly to market changes. Telstra Octagon users can now access essential trading environments across key Asian and North American markets, including NASDAQ and CME.