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Machine learning not 'death knell of modern workforce': Telstra CEO

Bonnie Gardiner | July 10, 2015
Penn says 'end of work' theories underestimate future entrepreneurs; investment in innovation and skills crucial.

By 2017, Telstra anticipate investing more than $5 billion into its mobile network, including expanding its 4G footprint, increasing the network's overall footprint, and building 750 new mobile base stations.

Penn said Telstra will also be making many investments into improving coverage and services available to regional communities, as a large player in the government's Black Spot Programme, along with the launch of Telstra Air, a nationwide Wi-Fi program providing broadband customers access to their home data allowance while on the move.

Other efforts to boost coverage in remote areas have included trialing balloon technology with Google to cater to areas too remote to put up a service tower, as well as experimenting with drone technology.

"This is why we are investing in innovation in network engineering and access technologies" said Penn.

"I am a technology optimist; I see great opportunity for those of us that embrace change, great opportunity for those of us that embrace technology innovation, and great opportunity for Australian companies and Australia."

 

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