Telstra makes a call on its Hong Kong hang-up

Telstra’s sale of Hong-Kong based CSL is a prudent move to exit a heavily saturated market ripe for consolidation. It also provides the telco with more financial firepower to build on its growth strategy in Asia.

It is deeply ironic that Telstra is selling the Hong Kong-based CSL mobile phone business that was regarded as the better of the assets it acquired in a controversial set of deals in 2000, while retaining the one regarded as the biggest blot on its post-privatisation copybook.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles