Andrew Penn, the chief executive officer (CEO) of Australian telecommunications giant Telstra, has announced his intention to retire after more than seven years in the role. Telstra Chairman John Mullen said Penn, who joined the company as CFO in 2012 and has been the CEO since 2015, would leave with a positive and enduring legacy….
Telstra Fined $1.5 Million From Regulator
Telstra has paid a $1.5 million penalty for failing to allow consumers to keep existing local phone numbers when changing telephone companies. From March to July 2020, Telstra suspended the majority of its local number porting operations, saying the COVID-19 pandemic impacted offshore operations. More than 42,000 services could not be moved from Telstra to…
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