Telstra Corporation Limited
(ASX:TLS) plans to increase its revenue and overcome domestic restrictions set by the Australian Competition and Consumer Commission by servicing major corporate customers in Asia.
Telstra’s media assets which include Hong-Kong based mobile carrier CSL, generated about $1.5 billion in international revenue last year.
Chairman Catherine Livingstone has told Fairfax Media that she expects the telco to deliver increased dividends in the long term.
Telstra’s shares have risen 22 per cent over this year.
In the 2012 financial year Telstra posted a net profit of $3.4 billion.
