Telstra recently claimed of revising of its earlier used Business DSL service and will upgrade to Telstra Business Broadband (TBB) Ethernet. According to the Australian telecommunications and Media Company: Telstra which aims of providing a better service which could drive the complementary services offered by the company like the, IP telephony and video conferencing and the current soaring cloud-based software and backup and recovery services, states Tim Lohman from Computerworld Australia.

The Australian Competition and Consumer Commission today fined Telstra Corporation Ltd $A40 million for refusing rival operators access to its telephone exchanges several times. The fine was imposed by ACCC under the Telecommunications Act and Trade Practices Act.

Telstra could have been penalized far more than $A40 million but escaped as it admitted its mistake.

State-owned NBN Co is in a position to build the national broadband network alone, said the Communications Minister, Stephen Conroy. But the talks between NBN and Telestra Co, are continuing to find a way where the two can work together to build this project.

This is an indication of the mounting tension between the two sides over the project. Some experts believe that at this given time Telestra is the best suited company to make the network.

Telstra Corp. has said that it has completed the issuing of ten-year bonds, amounting to EUR 1.0 billion.

BNP Paribas, JP Morgan and Deutsche Bank acted as the lead managers of the issue.

The annual coupon rate is 4.25 per cent and the bonds will mature on March 23 2020, the telecommunications giant informed.

The company has also mentioned that after maturity the issue will be fully swapped in terms of Australian dollars.

Besides this, Telstra also said that the deal was oversubscribed six times and close to 300 orders were placed.

Today, the debate on the reform package for Telstra was scheduled to take place. But it did not happen since there has been no inclusion of the same in the Order of Business of the chamber.

This is not the first time that a debate has been postponed. It had happened earlier as well. But, says a statement from the Communication Ministry that the government is willing to debate on the issue, during sometime this week itself.

Meanwhile, there are growing concerns that the government is trying to shift the reform till May and that is why nothing proper has been done till now.

In January Telstra had announced changes in its post paid plans. The entry level data allowance had been doubled at that time, to 29.95 dollars for 400 MB.

Now, Telstra has announced its revised rates for its pre paid wireless broadband offerings. The new rates would be effective from tomorrow. The customers would be getting up to 3 times more data without paying a penny more.

Telestra had been charging a premium from its customers previously as it had been providing better services with a wider network coverage. Now it has made its premium amount smaller and most analysts believe that it is a justifiable one now.

Telstra the wireless networking company is in the best mood. The company has upgraded itself to offer an unbelievable speed of 42Mb per second. Targeting the fast gaining next generation speedy connections it has uplifted itself to HSPA+ via using its dual carrier technology.

Mike Wright the executive director of Telestra wireless said, "Dual carrier is a technique where one combines two conventional HSPA+ channels simultaneously to double the peak speed on a data modem."

Up until some time back Telstra was just a regular telecom services operator, but now the network has taken on a new role and is extending the social networking capabilities of all devices that it operates by joining hands with Twitter to allow free delivery of tweets to handsets.