Telstra to acquire Globecast Australia


Telstra, an Australian provider of mobile phones, mobile devices, home phones and
broadband internet, has announced that it will acquire Globecast Australia, which
provides media services for broadcasters in Australasia. The acquisition is subject
to ACCC review prior to completion.

Telstra group managing director of global sales, Martijn Blanken, said the acquisition
would deliver on Global Enterprise and Services’ strategy to develop deeper
capabilities in media services for customers in the broadcasting industry. “Globecast
Australia has a distinctive reputation for the delivery of media services, primarily
over satellite platforms. Its strong linkages between its domestic networking
capabilities and international points of media connectivity fit with our strategy of
providing global media networking capabilities.’

Globecast Australia also provides direct to home satellite transmission and IPTV
managed services, IP streaming and encoding, global satellite monitoring and
disaster recovery. It has also developed live point-of-view miniature camera
technology for use at sporting events through its Globecam business.

Globecast Australia’s CEO Simon Farnsworth said the combination of Globecast
Australia and Telstra is logical for both companies. “We’re excited by the
opportunity for Globecast Australia to grow as part of Telstra. Globecast Australia
remains focused on continuing our strong customer relationships and the provision
of technical and operational excellence. The engagement that our customers and
suppliers have enjoyed with Globecast Australia will continue.’

Telstra continues to grow Global Enterprise and Services, a division formed to drive
Telstra’s global business for enterprise clients. The division brings together the
product, services and go to market capabilities of its domestic and international
business to drive long term growth with a strong focus on Asia.


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