Telstra has overtaken Cox in the market for TV and internet service, with a $2.3 billion investment in the telco last year.
It also has a significant lead in the broadband market, with $2 billion of investments over the past two years.
Telstra also has the biggest wireless network in the country, but it’s far behind in other areas, including fibre optic broadband.
Telco has also gained a big foothold in the US in the race to compete with cable, with its US broadband investment making it the second largest provider.
Telstel’s investment in fibre optic cable has been growing, but there’s still a long way to go.
In 2016 Telstra said it was investing $1.9 billion in fibre to the home, and that it had $1 billion of fibre to every house by 2020.
“We continue to make progress in the NBN and we are looking forward to ramping up fibre to residential homes and businesses over the coming years,” Telstra chief executive, Andy Penn, said in a statement.
“As a leading provider of internet access, we have strong plans for the future, including a $1 trillion network and an investment in a high speed fibre optic network across the country.
We will continue to innovate and expand our network and build on Telstra’s proven business models, as well as expanding Telstra fibre optic and telco businesses.”
Telstra still trails in most areas, but the telcos fibre optic businesses are growing fast, and it has a long-term view to bring broadband to all homes and workplaces in Australia.
However, the telcoms broadband business is still lagging behind competitors.
Telcos’ internet business has been hit by competition from the likes of Netflix, but its fibre optic business has also been hit hard by competitors.
The Telstra investment is likely to be a boost to its fibre-to-the-home broadband business, which has been struggling to find customers since it first launched in 2008.
The telcos fibre optic infrastructure is more than twice as expensive as its wireless broadband business.
The company has been looking for a way to ramp up the fibre optic fibre network to keep up with its rivals.
“The combination of Telstra investments in its fibre optics business and Telstra investing in fibre optics across the entire company will provide Telstra with a significant revenue growth opportunity in the future,” the company said in its statement.
Telnet and broadband investment Telstra is likely hoping to ramp back up its fibre broadband business in the next few years.
However it is still a lot slower than rivals.
Telstar, which is the largest provider of fibre optic internet in Australia, said its internet business is struggling to retain customers, and Telco’s investments have been largely focused on wireless internet.
It has also had to deal with competition from cable operators.
“In 2018 Telstra announced a $400 million investment to support Telstra Wireless, an investment which will ensure Telstra remains a leader in the wireless internet market,” Telstar chief executive Mike Bowers said in an email to the ABC.
Tellefone is a cable operator that has invested heavily in its broadband and fibre optic services.
It is also likely to invest in Telstra.
“Tellefones broadband business has struggled to keep pace with competitors, particularly in the mobile market,” Mr Bowers added.
“While Telstra did invest in some of its broadband businesses in the past, these investments were only for a limited period of time and were focused on mobile.”