Categories: Stock Market News

Australia’s Telstra brings residence satellite tv for pc tech with Musk’s SpaceX


(Reuters) -High Australian telco Telstra (OTC:TLGPY) mentioned on Thursday it’s collaborating with billionaire Elon Musk’s SpaceX to carry satellite tv for pc connectivity expertise to its regional clients.

Telstra has partnered with satellite-based web supplier Starlink to carry the latter’s Starlink-to-Cell expertise to Australia, enabling the U.S. agency to ship satellite tv for pc broadband connectivity on to appropriate cellphones, notably in distant areas.

“The collaboration would allow Telstra clients to ship and obtain SMSes on a appropriate cell phone in most components of Australia the place there’s a direct line of sight to the sky,” mentioned Telstra Group Government of World Community and Know-how Shailin Sehgal.

This isn’t the primary collaboration between the 2 corporations; in 2023, Telstra signed an settlement with Starlink to supply voice-only and voice-plus-broadband providers in rural and distant areas of Australia.

Moreover, U.S. EV maker Tesla (NASDAQ:TSLA), the place Musk serves because the CEO, is chaired by Robyn Denholm, a former finance and operations head of Telstra.

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