17 December 2021

Telstra: the Australia-UK Free Trade Agreement to deliver more value for the technology community

Telstra is Australia’s leading telecommunications and technology company, with products and services that span the consumer and enterprise markets. It has a longstanding presence in the UK. Its London office serves as its main hub for the Europe, Middle East and Africa region.

Telstra has worked with a wide range of UK-headquartered organisations and is passionate about helping them thrive. The company has worked with London City Airport to help manage a digital transformation program. This program touched all aspects of its operations to support ambitious plans to double passenger capacity.

It has also worked with Genomics England to develop an innovative single data strategy, as well as Renishaw and DAZN to help connect and grow their businesses in the UK and across the globe.

Telstra appreciates the wealth of benefits the Australia-UK Free Trade Agreement will offer to the company and the broader technology community. These include:

  • a larger pool of professional talent facilitated through more cross-border movement and increased synergy in recognising qualifications
  • a better understanding of mutual investment opportunities and the expansion of two-way investment flows
  • greater transparency and alignment of regulatory barriers, with a reduction of red tape on restrictive licensing requirements for services providers.

With technology and telecommunications playing an increasingly important role in the growth of the global economy, Telstra sees the FTA as a key opportunity to provide value across both countries.

The UK is Australia’s third-largest services trading partner, demonstrating the extent of pre-existing synergies and the high-value potential that an FTA offers.

Telstra is excited to continue to partner with businesses across the two countries, with greater opportunities to connect and collaborate once the FTA comes into full force.

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