Telstra is Australia’s largest telecommunications company by far and in a surprising move today, announced that it intends to split it’s business into three separate businesses.

As part of this split, Telstra intends to divide it’s infrastructure business called InfraCo into two separate business units. The first unit will be called InfraCo Fixed which will own the fixed line networks and asssets. The second unit will be InfraCo Towers which will comprise of all the mobile infrastructure. The third and last unit will be ServeCo which will comprise of Telstra’s retail mobile business. This business will include and back-end technology as well as the spectrum.

Telstra’s chief executive Andrew Penn, has said the primary reason for this business structure is to allow the business to segregate distinct business units thereby allowing it more flexibility in the future with how it does business.

Many analysts see this move as a way for Telstra to either buy the NBN or allow it to sell distinct parts of this business for an attractive price. Splitting up the assets into clear distinctive components like this allows it much more transparency of it’s business to external parties.

The ultimate goal for Telstra is to be in a good position to purchase the NBN if it were at some point to be privatised by the government. The date that many predict that this will happen is in 2024.

Telstra’s valuable mobile network is expected to sell for a premium with plenty of companies expected to be interested. A recent valuation by Goldman Sachs has put the expected price of this network at $4.5 billion.

The news of the split has pushed Telstra shares higher today with the market taking the news favourably.

For great deals on Telstra services, use a Telstra promo code when you shop online at the Telstra Store.

The Munro Family stays largely out of the spotlight however a number of large acquisitions in the past few years has garnered it some attention from the media.

Those three acquisitions have been in the footwear market and has grown the company to a size which makes it suitable for a public listing. These acquisitions have totaled of 3 billion dollars and has been closed in the past four years. The family now own one of the largest fashion footwear businesses in Australia.

One of the four companies that the Munro Family purchased is online only footwear retailer Styletread, who they purchased off the founders Mark Rowland and Bjorn Behrendt in 2013. This purchase has given it one of the most popular online shoe retailers in Australia. Styletread has strong sales and specialised online marketing skills. For a Styletread coupon, see here.

The Munro Family now own over a dozen shoe brands and will be looking to grow the business and each of the brands further. It’s initial plan is to return one of it’s acquisitions, Wanted Shoes, back to profitability.

Hallenstein Glassons Holdings will focus on trying to increase profits by at least 50 percent this year. To achieve this, the company will try to push it’s online sales.

Mark Goddard, the chief executive of the Hallenstein Glassons Holdings group told shareholders in Christchurch that the results from this financial year to date have been very positive. This was announced as part of their annual meeting.

The company’s profit was $17.3 million NZ dollars which is an increase from $13.7 million New Zealand dollars the previous year.

Mark Goddard has correlated the great performance with the quality of the group that work for Hallenstein Glassons Holdings. Much of the success is attributed to the people that work in their retail stores, offices and warehouses.

To try to achieve a big growth in sales, rather than increase store numbers, the company will focus it’s attention on trying to boost it’s online sales where quick gains can be achieved. Sales can be increased and achieved with a Hallensteins coupon or Glassons coupon.

While online is seen as a priority for the financial year, focus will not be lost on the core bricks and mortar physical store business. The online business grew a huge 44 percent in the previous financial year and this has accounted for 9 percent of the total sales of the group.