A woman looks at her phone as she walks past a Telstra store in Melbourne, Australia. Photo: AFP

Australia telecoms giant Telstra to axe 8,000 jobs - a quarter of its workforce - to save A$1 billion

Telstra has lost out to smaller rivals after its high-margin, fixed-line access business migrated to a state-run network, and mobile-phone competitors lured customers away with cheaper offerings

Topic |   Australia

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A woman looks at her phone as she walks past a Telstra store in Melbourne, Australia. Photo: AFP
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