Leading telecommunications companies listed on ASX Australia 2022

Telstra was the leading telecommunications company listed on the Australian Securities Exchange (ASX) in Australia as of February 2022, with a market cap of 45.94 billion Australian dollars. Telstra is a telecommunications and technology company that competes in all telecommunications markets in Australia.

The National Broadband Network

The National Broadband Network (NBN) was a government initiative that aimed to upgrade the country’s telecommunications infrastructure. The NBN was built using different broadband network technologies. This was implemented by NBN Co, a corporation established by the Australian Government. For Australian consumers to make use of this infrastructure, internet service providers contract with the NBN to access the wholesale market and then sell internet packages to consumers.

Telstra Corporation Limited

Telstra leads the wholesale market of NBN broadband services with TPG Telecom, Optus, and Vocus Group making up most of the remaining market. Similar to the broadband market, Telstra's retail market share of mobile handset services in Australia was the largest out of all mobile service providers in Australia. Recently, the revenue of Telstra was reported at 21.6 billion Australian dollars.