Telstra Corporation Limited
(ASX:TLS) has reportedly appointed Tim Chen as the new head of its international operations, a month after he resigned from the telco’s board.
Telstra’s Chief Executive David Thodey says Mr Chen is vital to the company’s growth and presence in Asia.
Australia’s largest telco plans to service major corporate customers in Asia.
Mr Chen who will divide his time between Beijing and Hong Kong, will oversee Telstra’s international media assets which generated about $1.5 billion last year and includes a majority stake in Hong-Kong based mobile carrier CSL as well as undersea cable assets.
In the 2012 financial year Telstra posted a net profit of $3.4 billion.