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.

admin

Share
Published by
admin

Recent Posts

Tax the wealthy? Slash spending? Republicans wrestle with financial priorities within the Trump period

WASHINGTON (AP) — What, precisely, the Republican Social gathering stands for by way of financial…

1 hour ago

Monzo strains up bankers to spearhead blockbuster £6bn float

Monzo, the digital financial institution which counts one in 5 British adults amongst its clients,…

7 hours ago

Trump’s tariffs hit the West’s busiest port – with site visitors down by almost a 3rd

Driving south from Los Angeles alongside the coast, you possibly can't miss the San Pedro…

15 hours ago

Shouldn’t decide to charge cuts till tariff impression turns into sure

By Howard Schneider PALO ALTO (Reuters) - The Fed shouldn't decide to additional rate of…

16 hours ago

Fed’s Cook dinner warns tariffs might decrease productiveness, feed inflation

By Howard Schneider PALO ALTO (Reuters) -President Donald Trump's unfolding commerce coverage might curb U.S.…

16 hours ago

US federal HR company main DOGE job cuts cancels sole-source Workday award

WASHINGTON (Reuters) - The U.S. federal human assets company on the coronary heart of billionaire…

18 hours ago