Telstra Corporation Ltd
(ASX:TLS) has announced new appointments and initiatives as it prepares for the National Broadband Network (NBN).
Under the changes, Telstra has appointed a new Chief Customer Officer for its Customer Sales and Service division and a new Group Managing Director for its Wholesale division.
Australia’s largest Telco says it will also form an Applications & Ventures Group to spearhead its investment into new and emerging high-speed broadband businesses.
The company’s proposed $11 billion NBN deal will be put to a shareholder vote at its annual general meeting on October 18.
In the first half of its 2011 financial year, Telstra recorded a net profit of $1.2 billion.
