Back to all mergers

Telstra – Infosys Technologies

Waiver
Approved

Stage

Waiver application

Waiver Application Date

17/02/2026

Determination Published

19/03/2026 (30 cal / 21 bus. days)

Determination

Approved

Acquirers

TELSTRA LIMITED

ABN: 64 086 174 781

Targets

INFOSYS TECHNOLOGIES LIMITED

ABN: 52 090 591 209

Description

Telstra Limited (Telstra) is a leading Australian telecommunications and technology company, offering a range of communications services. Telstra provides consumer and business connectivity across mobile and fixed broadband, and delivers enterprise solutions including network, cloud, security, data and analytics, software development, and managed/professional services.

Infosys Technologies Limited (Infosys) is a global technology consultancy and outsourcing provider. It provides end-to-end solutions spanning consulting, technology, engineering and outsourcing services, and also offers software products and platforms. The company has a large global footprint, with operations across 59 countries.

Under an agreement, Telstra will outsource certain business functions to Infosys and Infosys will transform Telstra’s enterprise IT stack in respect of underlying carriage services supplied to certain Telstra Enterprise and Mid-market customers. As part of the agreement, Telstra and Infosys will acquire rights in relation to certain intellectual property.

Timeline & Events

  • Waiver application determination: Approved

    19/03/2026

  • Merger notified to ACCC

    17/02/2026