Feeds

Telstra to axe 12,000 jobs

Big plans for IP network

Next gen security for virtualised datacentres

Telstra is to cut up to 12,000 jobs, almost a quarter of its workforce, in a massive reorganisation.

At the same time Australia's former monopoly telco is invest AUS$10bn ($7.3bn) in an IP network, of which $2b-3bn is new money. The company is also abandoning plans to pay shareholders a special dividend of AUS$1.5bn ($1.1bn), diverting the cash instead to restructuring.

The massive efficiency drive will also see replace its CDMA mobile phone network with what it calls a 3G GSM network.

Telstra is in no hurry to fire everyone just yet: it plans to cut 5,000 - 8,000 jobs over three years and 10,000 jobs over five. But it is in more of a hurry with its technology overhaul, aiming to have an IP core for its network in place by 2007.

Other efficiencies sought include the reduction over three years of the number of network platforms - currently standing at 330 - by 60 per cent, and also of business and operational support systems - currently 1,200 - by 75 per cent.

Telstra press release ®

The essential guide to IT transformation

More from The Register

next story
Déjà vu: Virgin Media jacks up broadband prices
Screw copper phone lines, we're UNIQUE, bleats telco
UK fuzz want PINCODES on ALL mobile phones
Met Police calls for mandatory passwords on all new mobes
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
Fifteen zero days found in hacker router comp romp
Four routers rooted in SOHOpelessly Broken challenge
New Sprint CEO says he will lower axe on staff – but prices come first
'Very disruptive' new rates to be revealed next week
US TV stations bowl sueball directly at FCC's spectrum mega-sale
Broadcasters upset about coverage and cost as they shift up and down the dials
UK mobile coverage is BETTER than EVER, networks tell Ofcom
Regulator swallows this line and parrots it back out at us. What are they playing at?
What's the nature of your emergency, Vodafone?
Oh, you've dialled the wrong number for ad fibs, rules ASA
EE network whacked by 'PDP authentication failure' blunder
Carrier is 'aware' of cockup, working on a fix NOW
ROAD TRIP! An FCC road trip – Leahy demands net neutrality debate across US
You crashed watchdog's site, now time to crash its ears
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.