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Telstra expands global presence with new $350m acquisition

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Australian telco, Telstra is expanding its presence overseas

Telstra will spend $350 million to acquire GP patient management software play MedicalDirector.

MedicalDirector is a software that provides electronic health records, patient and practice management.

Telstra will absorb the software which has about 23,000 clients into its digital health software segment Telstra Health.

Telstra Health chairman Brendon Riley said the takeover would strengthen its presence overseas.

“Telstra Health has transformed substantially over the past five years and this announcement reflects its continuing maturity as a business and its importance as part of Telstra’s long-term growth strategy,”

Telstra expects the transaction to be completed by the end of September.

Just recently the telco giant made all payphones free!

Aussies can now use Telstra payphones for free to call any number locally or nationally.

The telecommunications giant made the announcement today and says the decision is aimed at helping those in crisis situations and boosting connectivity during the pandemic for people without access to a mobile.

Telstra CEO, Andrew Penn stated that the change means that everyone will have access to one of the network’s 15,000 payphones to make a free local or national call to a standard fixed line or a call to an Australian mobile.

“Telstra Payphones are now free phones for everyone to anywhere in Australia. They are an iconic and critical part of our community, and for many Australians, the availability of a payphone is a vital lifeline, especially for those who are vulnerable including the homeless, people who are isolated or someone escaping an unsafe situation.”

TELSTRA CEO ANDY PENN SAID IN A STATEMENT
Telstra CEO Andy Penn

International calls will still be charged at overseas rates

International and calls to premium and satellite numbers will still incur a cost, while Telstra Air remains free to eligible Telstra customers. Payphones will also become coinless from 1 October 2021 with Telstra Phonecards recommended for dialing international and premium numbers.

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Wall Street hits record highs as markets shrug off Venezuela tensions

US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.

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US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.


US markets surged to fresh records as investors looked past recent geopolitical tensions following the US attack on Venezuela. Confidence returned quickly, driving broad gains across major indices.

The S&P 500 climbed 0.7% to reach a new all-time intraday high, while the Dow Jones Industrial Average jumped 495 points, or 1%, also setting a record during Tuesday’s session.

The rally signals continued optimism around economic resilience, despite global uncertainty and ongoing international conflicts.

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#WallStreet #StockMarket #SP500 #DowJones #MarketRally #USMarkets #GlobalMarkets #TickerNews


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Dow hits record after U.S. military action in Venezuela

Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.

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Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.


The Dow Jones Industrial Average surged nearly 600 points to a record close following U.S. military action in Venezuela. Investors responded positively, signalling confidence that the geopolitical situation would not spiral out of control.

Stocks rallied alongside rising crude oil prices, with energy companies like Chevron and Exxon Mobil leading the gains. Analysts noted that oil infrastructure rebuilding in Venezuela could provide long-term benefits for the sector.

Despite the bullish market reaction, gold futures also rose, suggesting that some traders remain cautious amid global uncertainties.

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Wall Street eyes further gains in 2026 as rate cuts fuel optimism

Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.

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Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.


Wall Street is entering 2026 with renewed confidence as falling interest rates and robust corporate earnings lift expectations for continued stock market gains. Analysts say an easier monetary policy is providing fresh momentum for equities after several strong years.

The US economy has continued to show resilience, with businesses maintaining healthy balance sheets and earnings growth holding up despite global uncertainty. Lower borrowing costs and supportive fiscal settings are expected to further boost investor sentiment.

However, market watchers remain cautious, warning that optimism could fade quickly if economic data disappoints or inflation pressures return.

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