Weeks after Telstra confirmed that its net profit for the six months to December 31 had jumped 6.5% to $1.03 billion, it is now confirmed that it is exiting the venture capital business as it looks to ...

Telstra has exited the venture capital business at fire sale prices as chief executive Vicki Brady races to cut $350m in ...

Shares rose after the telecoms giant said it will return $750 million to investors and posted a higher profit for the first half of the financial year.

Telstra's H1 release surprised through an additional share buyback and analysts' confidence in ongoing dividend increases has grown ...

Overall, net profit jumped 6.5 per cent to $1.03bn. Telstra reaped $128m from the sale of its 35 per cent stake in Foxtel and $137m from offloading its interest in Titanium Ventures, its former ...

Followed categories will be added to My News. Australia’s biggest telco had a majority stake in Telstra Ventures Fund II, which was launched in 2018, with participation from HarbourVest ...

Australia’s biggest telco had a majority stake in Telstra Ventures Fund II, which was launched in 2018, with participation from HarbourVest, and worth $675m according to Bloomberg. Telstra had a ...

Australia’s biggest telco has sold its interests in a venture capital fund at a steep discount, as it opts to invest in its network rather than tech start-ups. Australia’s biggest telco had a ...