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Home » Mobile

Telstra business mobile plans review

For those businesses that don’t mind paying a bit extra, Telstra business mobile plans.

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Telstra has a reputation for being a premium telco whose plans are, likewise, offered at a premium price. These days, there’s not much difference between a personal SIM Only plan from Telstra and a business mobile plan: prices and data inclusions are the same.

While Telstra business mobile plans aren’t the cheapest in our comparison engine, they do offer a decent amount of data, ranging from comfortably above average to plenty of gigabytes at 5G speeds. The lack of excess data charges is a nice touch, and no contracts makes it easier to shift around. Still, it’s a shame that Telstra business plans are paid upfront nowadays rather than after the fact.

Telstra business mobile plans value for money

Telstra’s value comes from tapping into Australia’s largest mobile network as well as some of the features outlined in the next section. In terms of dollar-to-data value, Telstra plans don’t fare particularly well. Check out the cheapest Telstra business mobile plan below, which has a decent amount of monthly data (40GB) but only gives you access to the Telstra 4G network.

Telstra’s cheapest SIM Only plan is towards the bottom of our database in terms of value, with alternatives from the Vodafone and Optus networks that are cheaper with more data, some of which also offer 5G. There are even Telstra MVNOs with better value. For comparison, below is a daily updating list of popular SIM Only plans from our comparison engine that have at least 40GB of data.

Telstra’s next business mobile plan comes with double the data and access to the Telstra 5G network (as do the other Telstra plans below) but doesn’t cost anywhere near close to double the price.

While 80GB is a decent chunk of data to work with there are, again, SIM Only plans on the Optus, Vodafone and Telstra MVNO network that offer better value at this price point. Below is a daily updating list of popular SIM Only plans from our comparison engine with at least 80GB of monthly data to play with.

If you need any more data, you can have a look at Telstra’s next most expensive SIM Only plan, which has 120GB of data.

At the time of writing, the same monthly price with Vodafone nets you an unlimited-data SIM Only plan, which includes 5G access . There are also Optus and Telstra MVNO network contenders with better value. For comparison, below is a daily updating list of popular SIM Only plans with at least 100GB of monthly data.

Finally, Telstra’s last plan has the most amount of data (180GB) to use on the Telstra 5G network.

While there aren’t too many SIM Only plans in our comparison engine that offer at least 180GB of data, Telstra’s most expensive Upfront plan is also the most expensive in our database (except when it has discounted promotional pricing). Alternatives from Vodafone , Optus and Spintel all have more data and noticeably cheaper monthly pricing.

Telstra business mobile features and perks

When you buy a Telstra business mobile plan you get unlimited standard national calls and texts included, and there aren’t any contracts. Note that while you can buy Telstra Prepaid plans , Telstra’s business mobile plans are targeted at those after SIM Only plans or those seeking to pair a new iPhone or Android handset with an ongoing monthly plan.

That said, Telstra SIM Only is called Telstra Upfront which, as the name suggests, means you’re paying for your plan ahead of the month like an automatically recharging Prepaid plan instead of at the end of your monthly billing cycle like a typical SIM Only plan.

While the cheapest Telstra plan only grants access to the Telstra 4G network, Telstra’s other SIM Only plans grant access to Telstra’s growing 5G network, which is currently the biggest in Australia. If you burn through your monthly data allowance, there aren’t any excess charges, though being slowed to 1.5Mbps for the rest of your billing cycle isn’t ideal. For those who need more post-cap speed, consider a Vodafone mobile plan: the more you pay with Vodafone SIM Only plans, the faster the capped speed (up to 10Mbps or even unlimited max-speed data).

Speaking of data, if you do have extra gigabytes you’re not using each month, you can share them with other eligible Telstra mobile plans under the same account. It’s not the greatest international call allowance , but Telstra SIM Only plans do include unlimited SMS and MMS to standard numbers in all countries as well as a paltry 30 minutes of calls.

Telstra SIM Only plans also include data-free streaming of AFLW and netball, as well as access to the Telstra Plus program with access to a rewards store, discounted tickets, entertainment extras and VIP services. These last inclusions aren’t particularly important to businesses but they’re a cherry on top for those who use them.

Telstra business mobile customer support

Part of Telstra’s premium price tag is the extensive range of support options. While the actual support experience may differ from person to person or business to business, knowing that there are many ways to get in touch if things go wrong means a telco has invested in helping out its customers. Therefore, the more support channels available, the better the ranking for this category.

Telstra ticks all of the right boxes when it comes to support versatility. Whether you prefer to browse a blog, reach out on social media, call directly, chat online, dive into self-paced service or walk into a store, Telstra has you covered. You can also tap into dedicated business support via this Telstra page .

How to sign up for a Telstra business mobile plan

Pick the plan below that catches your eye, then click the ‘Go’ button next to it to be taken directly to the corresponding Telstra mobile plans page. Read over the inclusions and click ‘Select’ to confirm, add the plan to your cart, then follow the prompts to complete sign-up.

Telstra business mobile plans

Below is a list of all of Telstra’s business mobile plans.

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Business vs personal mobile plans

Business vs personal mobile plans

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Sweating in spring office air isn't helping, five minimum features needed in your choice of a business laptop, venom blackbook zero 15 phantom, do business plans offer any benefits for small businesses we compare mobile plans from major providers..

Have you ever wondered how ‘business’ mobile plans differ from ‘personal’ plans? 

Well, quite often for small businesses, the only significant difference is the name, according to our research.

We compared a number of business plans with equivalent consumer plans, and found some curious anomalies. In a couple of cases, for example, the fine print for ‘business’ mobile plans indicated they could only be used for personal use.

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At Optus, its $40 consumer plan provides unlimited standard national calls, unlimited SMS and MMS within Australia and to certain countries, and up to 300 voice minutes to those selected countries. Plus 7GB of data. 

And the $40 business plan? As far as we can see, the inclusions and terms are pretty much the same. The consumer plan rules out ‘non-ordinary’ or ‘commercial purpose use’ but bizarrely the critical information summary for the business plan makes the same exclusion.

So we turned to the Optus Fair Go policy for clarification.

“If you are a residential customer our services are for your personal use only,” the policy said.

“If you are a business customer, including a small to medium business customer, our services are for your use in the ordinary course of business.

“You may not use the service in a manner which is ‘unreasonable’ or ‘unacceptable’.”

That seems to mean that you aren't allowed to make or take business calls on a personal plan, or personal calls (“should I buy some milk on the way home?”) on a business plan.

An Optus spokesperson explained: “Our consumer plans are designed for personal use while our business plans are for use in the ordinary course of business plus some personal use where needed.

“We understand there will be certain circumstances where a customer needs to use their service outside its primary intended purpose. In these cases, we offer a level of flexibility for customers to make a judgement on what is reasonable and acceptable use of their service based on their contract.”

So the good news is that the way most of us use one plan for business and personal purposes is acceptable, providing the selected plan reflects the main use.

It might not be obvious from the everyday use of the terms, but Optus (and probably other carriers) distinguishes between ‘business’ and ‘commercial’ use. The company confirmed that ‘commercial use' refers to levels of voice or data use normally seen only in call centres, or to mobile data used to access enterprise-style services rather than those associated with micro to medium businesses.

And although the inclusions and price may be the same for consumer and business plans, “Our SMB plans offer a number of benefits for business customers including billing made out to your registered ABN for tax purposes, access to business specialists in over 120 of our retail stores, premium support from our dedicated SMB team when you bundle two or more services, and invitations to exclusive business events,” said the Optus spokesperson.

The Optus Fair Go policy does goes on to give several examples of unreasonable use, most of which seem quite reasonable, such as not allowing automatic diallers, resale and bulk messaging. But the prohibition on using a ‘mobile voice’ SIM card in a non ‘mobile voice’ device seems odd. What difference does it make to the carrier whether you tether a tablet to the phone or temporarily move the SIM from a phone to a tablet?

The reason, according to the Optus spokesperson, is that requiring separate SIMs “allows us to optimise their service for the device, the network and billing purposes”. Optus does allow data pooling between plans, but you’re up for at least $10 a month per additional device, though that does include 1GB of shareable data.

Over at Vodafone, it’s pretty much the same situation when it comes to distinctions between personal and business customers.

The $60 personal plan provides unlimited standard national calls, unlimited standard national and overseas SMSes, 120 standard international minutes to selected countries and 6GB of data (a special offer running at the time of writing boosts that to 12GB).

The $60 business plan has the same inclusions.

But the personal plan is for “personal use by approved customers only” while the business plan is for “personal use by approved customers with an ABN/ACN only”.

We asked Vodafone to explain how a business plan can be for personal use only, but received no reply more than a week later. The only interpretations we can suggest are either that it essentially the same as Optus's business/commercial dichotomy but using different words, or that you can’t use that plan on a phone that’s used by more than one person (for example, the phone carried by whichever member of a team is on call over a particular weekend).

Telstra's personal and business plans are slightly different. For example, $50 a month gets personal customers ‘$1000 worth of calls’, unlimited SMS and 2.5GB of data, while business customers pay $55 for ‘$1200 worth of calls’, unlimited SMS and 5GB of data.

Bear in mind Telstra’s call values are calculated on what we consider to be an inflated tariff of $1 per minute. By comparison, even a $19 Virgin Mobile prepaid recharge can have a rate as low as 15c per minute.

A Telstra spokesperson* said that customers must have an ACN or ABN to qualify for a business plan, but business customers can opt for consumer plans if they consider the price and inclusions are a better fit.

"For example, we provide our small business customers with more voice value, because we know they make calls more frequently than our consumer customers," the spokesperson said, adding that the business plans also allow for free calls between mobiles on the same account.

Other benefits of the Go Business Mobile plans include a free data SIM for use with a tablet or dongle, with both devices sharing the same pot of data, and the ability to put cloud services such as Office 365, Symantec Endpoint Protection and Deputy rostering and workforce management onto the same bill.

Data sharing across multiple services is available on Telstra's consumer and business plans.

Mobile virtual network operators – the companies that provide mobile services based on third-party networks such as Telstra, Optus or Vodafone – generally make a clear distinction between personal and business usage.

For example, the conditions for amaysim's Unlimited plans flatly state they are “available to individual customers only (not companies or businesses), who use their mobile phone for personal use only. If we determine that you are using Unlimited 3GB other than for personal use or if we determine that you are using the Plan in a way that does or may, in our opinion, adversely affect the network, we reserve the right (at our option) to transfer you to the amaysim As You Go Plan, or to immediately suspend or cancel your access to the Service”.

We asked amaysim what it considers ‘personal use’ to be, and its compliance and service operations manager Chad Heininger responded: “We see personal use as individuals using their amaysim service primarily for private use in a way not connected with carrying out a business activity. As per our Fair Go Policy, our customers are unable to use our service for ‘business purposes’ as this falls outside of personal use. We aren’t specific about what constitutes as business use, because we trust our customers to use their judgment and play by the rules. For example, we would not expect our customers to use our service to support a large business or organisation as this clearly would be for ‘business purposes’. We also expect our customers to use our service in a reasonable and acceptable manner.”

It sounds to us that there's a certain amount of wriggle room – if your small-business ‘business use’ is similar to that of a personal customer in terms of the number of calls and texts, how would Amaysim tell the difference, and why would it be bothered? That said, we're not encouraging anyone to breach the T&Cs.

While large organisations can receive volume pricing, the benefits of business plans for small businesses are hard to quantify. In fact, the differences between many personal and business plans in terms of inclusions and costs are so insignificant that we can’t help feeling that the distinction is mostly arbitrary.

However, that also means there’s rarely any downside to opting for a business plan rather than the corresponding personal version.

So if a phone is going to be used primarily for business purposes, you might as well opt for a business plan and be fully compliant with the plan’s terms and conditions. It’s likely to cost much the same – and it reduces the admittedly slight risk that your service will be terminated because you went outside the T&Cs. 

* Note: This article was updated on 21 April 2016 due to Telstra responding to our request for more information after the article's publication.

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Telstra confirms phone plan prices will rise in July

Posted by Tara Donnelly 03/06/2022

Aussies continue to feel the sting of higher living costs, with Telstra confirming that its postpaid mobile plan prices will rise from July 1 for both new and existing customers.

Current Telstra subscribers will see their bill increase by as much as $4 per month, although the revised plans do include more data and features, and Telstra is now opening up 5G network access to customers on entry-level plans.

While it’s standard for the big three telcos to revise and revamp their mobile plans annually, it’s unusual for a provider to give a public heads-up that price changes are on the way. Considering the current economic climate — with rising grocery costs, increased fuel prices, and mayhem in the wholesale energy market ahead of next month’s default offer changes — this gives Telstra customers a chance to switch their plan ahead of time before being hit with a higher bill.

Telstra phone plans: what’s changing

Telstra’s Upfront postpaid mobile plans will be changing from July 1, 2022. The changes will apply both to customers paying off a new phone on a Telstra device plan, and SIM-only subscribers with a BYO handset. If you have bought a new phone from Telstra on a 12, 24, or 36-month device payment plan, your phone payments won’t be affected; these changes will only apply to your mobile plan, although this will mean your total monthly bill will increase.

Currently, Telstra offers four Upfront plans: Small, Medium, Large and Extra Large. From July, the Extra Large plan will be scrapped, and the three remaining plans will be rebranded as Basic, Essential, and Premium options. All three plans will increase in price slightly: Basic and Essential plans will rise by $3 per month (or $36 annually), while the Premium plan will increase by $4 month (or $48 per year).

However, it’s not all bad news. Essential and Premium plans will include a significant bump in monthly full-speed data, with the Essential plan offering 180GB (up from 80GB), and the Premium plan to include a massive 300GB (previously 120GB).

Telstra will also include access to its 5G mobile network on all three plans; currently, only Medium, Large and Extra Large plans offer 5G coverage. Customers on Basic plans will be limited to maximum download speeds of 250Mbps on both 4G and 5G networks from August 2022.

Here’s a quick side-by-side of what’s set to change from July.

All three new plans will remain month-to-month, with no lock-in contracts, and will continue to include unlimited standard talk and text to Australian numbers. There’s also no excess data charges for use in Australia: if you exceed your included full-speed data allowance, your ongoing data use will be speed-capped to 1.5Mbps until your billing cycle resets.

It also appears that existing plan extras such as unlimited international SMS, 30 minutes of standard international calls per month, and live data-free AFLW, will continue to be included on all plans. Telstra has also stated that there will be additional Telstra Plus rewards for Essential and Premium plans, and that new bundle plans will go live in August.

Outside of Telstra’s hero Upfront postpaid plans, the telco will also increase its low income and concession card holder plans by $1. However, Telstra will be expanding the eligibility for discounted concession plans to include Pensioner Concession and Veteran Affairs card holders.

Telstra has also stated that it won’t be reviewing its home internet prices at this stage. Potential upcoming NBN wholesale price changes could impact Telstra customers down the line, but for now your plan will remain unaffected.

Why is Telstra increasing mobile plan prices?

According to Telstra, its mobile plan prices are increasing in line with the Consumer Price Index, which is used by the Australian Bureau of Statistics to measure the percentage change in the price of goods and services. Going forward, Telstra will review prices annually, but will continue to let customers know in advance before implementing plan changes.

A Telstra spokesperson told Canstar Blue that the company is being upfront about upcoming price changes to help customers plan their budgets long-term.

“Our aim is to give our customers the best mobile experience at a competitive price,” the Telstra spokesperson said.

“Like any business, we have inflation pressures and an annual CPI aligned increase allows us to keep up with the latest economic environment so we can continue to focus on the things that matter, like bringing our customers Australia’s best mobile network.”

Telstra also stressed that the lack of lock-in contracts means customers are free to change plans as needed, to better suit their usage and budget.

How Telstra plans compare to Optus and Vodafone

Telstra is already the priciest mobile provider among the big three telcos, and July’s price changes look set to widen the gap. However, it’s important to note that both Optus and Vodafone also historically review their plans every 12 months or so, although both companies have advised Canstar Blue they have no plans to update pricing at this time.

From July, Telstra’s cheapest postpaid SIM plan will be its Basic option, which is priced at $58 per month for 40GB of fast data. This is $13 per month more than Optus’ entry-level Small Choice Plus plan, which costs $45, but includes half the data at 20GB per month. Optus’ plan features 5G network access, and like Telstra, includes unlimited speed-capped 1.5Mbps data to use once your full-speed gigabytes are exceeded — however, no international talk and text is included.

Vodafone’s cheapest postpaid SIM is its $40 SIM Only Lite plan, which includes 10GB of fast data per month as standard, plus unlimited data use capped at speeds of 2Mbps and unlimited international SMS. It’s the most affordable postpaid option of the three major providers, but features the smallest amount of monthly fast data; but depending on when customers sign up, you can score significant bonuses. Right now, Vodafone is throwing in an extra 70GB of fast data each month for new customers who move to a Lite plan before June 30, 2022. That’s a total of 80GB each month for $40, for as long as you stay connected.

To give you an idea of how all the current postpaid plans from Telstra, Optus and Vodafone compare, browse through the below table. Note that the Telstra plans show current prices and will not reflect the upcoming changes until July 1.

  • Optus plans
  • Telstra plans
  • Vodafone plans

The following table shows selected published Optus SIM-only postpaid plans on Canstar Blue’s database, listed in order of cost, from the lowest to highest and then by data allowance, largest to smallest. Use our comparison tool to see plans from a range of other providers. This is a selection of products with links to a referral partner.

The following table shows selected published Telstra SIM-only postpaid plans on Canstar Blue’s database, listed in order of cost, from the lowest to highest and then by data allowance, largest to smallest. Use our comparison tool to see plans from a range of other providers. This is a selection of products with links to a referral partner.

The following table shows selected published Vodafone SIM-only postpaid plans on Canstar Blue’s database, listed in order of cost, from the lowest to highest and then by data allowance, largest to smallest. Use our comparison tool to see plans from a range of other providers. This is a selection of products with links to a referral partner.

Should you switch plans?

Existing Telstra customers may be well aware that the provider is far from the cheapest on the market, but are happy to spend extra for the telco’s wide-reaching regional coverage, alongside plan extras such as generous data and entertainment bonuses. It’s unlikely anyone would confuse Telstra for a budget telco, and its dominant mobile market share in Australia shows that there’s a loyal customer base even with cheaper options available.

For serious data users, the increase in full-speed gigabytes on Essential and Premium plans could be welcome news. Telstra has said that data use among customers increased by 40% year-on-year in 2021, with the trend continuing into 2022. Under the new plans, you’ll pay about $0.38 per 1GB of data on the Essential plan, and $0.30 per 1GB on Premium; compare this to the Medium plan, which breaks down to $0.80 per 1GB, and Large, which prices data at about $0.70 per 1GB.

If you have chosen Telstra for network reasons, even switching to a Telstra MVNO (that’s a smaller provider using the Telstra network) won’t necessarily get you the same coverage. Brands such as Woolworths Mobile, ALDI Mobile, Belong and Lycamobile provide coverage on parts of Telstra’s 4G and 3G networks, but not all of it, so customers in rural areas may not get the full Telstra experience.

The exception to this is Boost Mobile, a prepaid SIM-only MVNO which has access to the full Telstra 3G and 4G network. Switching to a Boost Mobile plan can undoubtedly save you money if you’re happy to go prepaid; right now, the telco charges $30 for a 20GB recharge, $40 for 30GB, and $50 for 40GB.

Boost Mobile could also be a solution for customers who don’t need 40GB or more of data each month, as recharges begin at $20 for 5GB. However, despite offering Telstra 3G and 4G coverage, Boost Mobile doesn’t yet provide 5G access on every plan, and that could be a deal-breaker if you have a 5G-ready phone and want to take advantage of the faster available speeds.

Telstra confirmed in May that it will begin selling wholesale 5G access to MVNOs , and Boost Mobile has very quietly added 5G service to its most expensive $70 plan. This plan includes 65GB of data per recharge, alongside extras like unlimited international calls to 20 countries.

Unfortunately, Boost Mobile’s cheaper plans are still limited to 4G-only. But for current Telstra customers looking to cut down on mobile costs, Boost Mobile could be worth considering if you don’t want to sacrifice 4G and 3G coverage.

If you’re with Telstra now, you have around a month to decide if you want to swap to a different Telstra plan, or cancel your service altogether. If you’re currently paying off a new phone on a Telstra plan, be aware that you’ll need to pay out the remaining device balance if you decide to cancel your Telstra mobile service.

Compare SIM-only phone plans

  • Postpaid Plans
  • Prepaid Plans

Here is a selection of postpaid plans from Canstar Blue’s database with a minimum of 10GB of data, listed in order of standard cost, lowest to highest, then by data allowance, largest to smallest. Try using our mobile phone plan comparison tool to see a wide range of plans from other providers. This table includes products with links to referral partners.

Here is a selection of prepaid plans from Canstar Blue’s database with a minimum of 10GB of data each month, listed in order of standard cost, lowest to highest, then by data allowance, largest to smallest. If you want to compare a larger range of offers from other providers, use our phone plan comparison tool . This table includes products with links to referral partners.

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You Can Save $50 a Month on Telstra’s Largest Mobile Plan

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Telstra isn’t exactly known for being affordable, but it’s currently doing a $50 per month discount deal on its largest mobile plan. This means you’ll pay $65 per month for a 180GB allowance for your first year.

After your first year is up, you’ll go back to paying $115 per month, but since the plan is contract-free, you can always drop down to a cheaper Telstra plan or swap provider entirely. Telstra’s standard $65 per month plan has an 80GB allowance:

Here’s the Telstra mobile plan deal:

In addition to a hefty discount, the plan comes with a free year of Disney+. You also get 30 minutes of unlimited international calls to any destination, and unlimited standard international SMS and MMS.

You can get Telstra’s discounted plan as a SIM-only option, but you can also pair it with a new phone. Here are a few popular options:

This Telstra mobile deal is available until March 28 .

Even with the discount, Telstra is still one of the more expensive options for a supersized mobile plan. Here’s how the offer compares to the competition:

Vodafone has the cheapest option for a plan with at least 150GB from any major provider, offering 200GB for $50 per month.

SpinTel has a similar offer where you’ll pay $55 per month for 200GB for your first six months, and $65 per month thereafter. SpinTel is powered by the Optus network, and is one of the few smaller providers that has 5G connectivity.

Optus is doing a big data deal of its own, offering 500GB for $65 per month for your first year. This reverts to $115 per month thereafter, but the plan is contract-free. This means you can step down to a more affordable Optus plan once your discount is up or just leave.

Alex Choros is Managing Editor at WhistleOut , Australia’s phone and internet comparison website.

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A court rejected Elon Musk’s $55.8B pay package. What is he worth to Tesla?

File - Tesla CEO Elon Musk attends the first plenary session of the AI Safety Summit at Bletchley Park, on Nov. 1, 2023 in Bletchley, England. A Delaware judge this week invalidated Elon Musk's $55.8 billion Tesla pay package, saying it is too big and that Musk set the terms with a complaint board. (Leon Neal/Pool Photo via AP, File)

File - Tesla CEO Elon Musk attends the first plenary session of the AI Safety Summit at Bletchley Park, on Nov. 1, 2023 in Bletchley, England. A Delaware judge this week invalidated Elon Musk’s $55.8 billion Tesla pay package, saying it is too big and that Musk set the terms with a complaint board. (Leon Neal/Pool Photo via AP, File)

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Even when compared with other CEOs, who routinely get paid roughly 200 times more than their typical employees, Elon Musk’s pay package was eye-opening.

A judge in Delaware on Tuesday struck down the package that Tesla established for Musk in 2018, ruling that the process was “flawed” and the price “unfair.” Chancellor Kathaleen St. Jude McCormick called the package “the largest potential compensation opportunity ever observed in public markets by multiple orders of magnitude.”

So, if Musk isn’t worth the maximum $55.8 billion value of the package, how much is he worth? It’s a thorny question without an easy answer in the notoriously complex world of executive compensation.

McCormick’s ruling bumped Musk out of the top spot on the Forbes list of wealthiest people. The magazine on Wednesday lopped $25 billion off his net worth, reducing it to $185.3 billion, putting him behind fashion and cosmetics magnate Bernard Arnault and family.

FILE - An Amazon company logo is seen on the facade of a company's building in Schoenefeld near Berlin, Germany, on March 18, 2022. Amazon has argued in a legal filing that the 88-year-old National Labor Relations Board is unconstitutional, echoing similar arguments made this year by Elon Musk’s SpaceX and the grocery store chain Trader Joe’s in disputes about workers’ rights and organizing. The Amazon filing, made Thursday, Feb. 15, 2024. (AP Photo/Michael Sohn, File)

Critics have argued for years that CEO pay packages are exorbitant. The median compensation for a CEO of an S&P 500 company was valued at $14.8 million, according to the latest AP CEO pay survey for 2022 conducted with the executive compensation research firm Equilar. It would take the typical worker at one of those companies more than 185 years to earn what their chief executive reaped in just 12 months.

In 2018, Tesla estimated the value of Musk’s compensation package at $2.28 billion, topping the previous highest package of $1.39 billion given to Blackstone’s Steven Schwarzman 10 years earlier, according to Equilar. The value of Musk’s package has grown as Tesla’s stock price increased. By comparison, in 2022 the median worker at Tesla made $34,084.

Under Musk’s pay plan, he received a chunk of stock options each time Tesla’s market value rose by $50 billion. Ultimately, he would have the chance to buy nearly 304 million shares for $23.34 each. Tesla has met each of the performance hurdles since the package was awarded. Its stock is trading at roughly $191 compared with $21 at the start of 2018.

The judge determined that Tesla’s board lacked independence from Musk. His lawyers said the package needed to be rich to give Musk an incentive not to leave — a line of reasoning the judge shot down.

“Swept up by the rhetoric of ‘all upside,’ or perhaps starry eyed by Musk’s superstar appeal, the board never asked the $55.8 billion question: ‘Was the plan even necessary for Tesla to retain Musk and achieve its goals?’” McCormick wrote.

Musk’s fans would argue that he shouldn’t be paid like other CEOs because he isn’t like other CEOs. He and Tesla are practically inseparable, so keeping him as CEO is key to the company’s growth. He built the company from an idea to the most valuable automaker in the world, last year selling more electric vehicles than any other company. His star power gets free publicity, so the company spends little on advertising. And he has forced the rest of the auto industry to accelerate plans for electric vehicles to counter Tesla’s phenomenal growth.

To figure out how much to pay their CEO, corporate boards often start by looking at how much their rivals are paying theirs: They need to pay enough to attract and keep the talent.

General Motors, for example, considers executive salaries at 3M, Boeing, Ford, IBM and other huge companies, and uses complex formulas to determine CEO compensation. For GM CEO Mary Barra, part of that depends on how GM’s stock return compares to its peers and how much progress the company makes on electric vehicles.

In 2022, Barra earned total compensation that GM valued at $29 million. That included $2.1 million in salary. Ford CEO Jim Farley’s compensation was valued at $22 million that year.

Even though Tesla makes automobiles, investors often lump its stock in with Big Tech stocks. They’re the companies disrupting industries and people’s ways of life.

Plus, Musk is closely identified with Tesla the way Meta Platforms’ Mark Zuckerberg or Apple’s Tim Cook are with their companies. Pay packages at Big Tech companies are among the largest in the U.S.

Cook’s compensation was valued at $63.2 million for 2023, mainly due to stock awards valued at nearly $47 million. A year earlier, he earned total compensation valued at roughly $99 million.

In the nuanced world of executive compensation, these numbers don’t indicate how much a CEO actually takes home, they’re just an estimate of the compensation package’s value. The final value may exceed or fall far below those figures because it is tied to stock.

Corporate law experts say any new compensation package for Musk will likely be challenged in court unless Tesla’s board either resigns en masse or follows a meticulous process to protect shareholders by passing a substantially smaller package.

“This is just a mess for them,” said Charles Elson, a retired corporate law professor and founder of the corporate governance center at the University of Delaware. “They kowtowed to this apparent superstar with poor results.”

Elson, who has followed the court for more than three decades, said this is the first time he can remember a judge invalidating an executive compensation plan at a public company.

Lawyers for Musk and the directors had countered that the plan was fairly negotiated by a compensation committee whose members were independent, and that it was blessed by a shareholder vote.

Shareholders who approved Musk’s deal, Elson said, were unaware that Musk essentially was negotiating with himself. “If the shareholders were aware of that, they may well have not approved it.”

telstra $55 business plan

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Telstra increasing mobile prices, adding more data and 5G on their basic plan

Posted by Trevor Long | Jun 1, 2022 | Tech

Telstra increasing mobile prices, adding more data and 5G on their basic plan

If that cost of living pressure is starting to hit, strap in – it’s going to keep hurting. Telstra today announcing they are increasing the prices on their monthly mobile plans by between $3 and $4 due to CPI.

Now, I have to say that in all my years doing this I’ve never heard of a CPI based increase in telco pricing, but I could be wrong – maybe this is just more explicit this time around. But in a world of very competitive pricing across all telcos, this one does stand out a bit.

Telstra’s “Small” plan is being renamed “Basic”, and goes up from $55 a month to $58 a month, but for the first time 5G is now part of that plan – with a catch. More on that soon.

The “Medium” plan is now called “Essential” and goes from $65 to $68, with a huge data boost from 80GB per month to 180GB per month.

At the top end of town, the Large plan becomes “Premium” and goes up $4 a month from $85 to $89 and gets a whopping 300GB of data per month up from 120GB.

telstra $55 business plan

For those on the Basic plan who are now getting 5G for the first time, take note, those speed tests you do won’t look amazing – the Basic Plan is also capped at 250Mbps within the allowed 40GB of data.

telstra $55 business plan

You’ve gotta admit, its a great way to add to the bottom line, even at a low estimate of 10 million customers, that’s $30,000,000 a month added, so yeah, it helps the business.

But in reality, it plays to the complacency and loyalty of Aussies.

You can get 42GB of data with Aldi Mobile for $35 a month. $23 less than Telstra, and yes, it’s on the Telstra network. Now if you think that Aldi’s “Part” of the Telstra network is a worry, you’re wrong, but fine – go to Boost Mobile.

Boost uses the full Telstra network, and you can get 40GB of data every 28 days for $30! Come on folks, be smart with your money.

The new Telstra prices kick in from July 1.

About The Author

Trevor Long

Trevor Long

Trev is a Technology Commentator, Dad, Speaker and Rev Head. He produces and hosts two popular podcasts, EFTM and Two Blokes Talking Tech. He also appears on over 50 radio stations across Australia weekly, and is the resident Tech Expert on Channel 9’s Today Show each day and appears regularly on A Current Affair. Father of three, he is often found down in his Man Cave. Like this post? Buy Trev a drink!

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IMAGES

  1. Bonus 1GB on Telstra BYO and No Lock in Plans (Total GB on $55 Plan etc

    telstra $55 business plan

  2. Telstra offers 'double data' on small Business Plans for limited time

    telstra $55 business plan

  3. Bonus 1GB on Telstra BYO and No Lock in Plans (Total 3.5GB on $55 Plan

    telstra $55 business plan

  4. Telstra updates its range of mobile plans for business customers

    telstra $55 business plan

  5. iTWire

    telstra $55 business plan

  6. Bring your business mobiles to Telstra

    telstra $55 business plan

VIDEO

  1. How to set up your Telstra Business Smart Modem for nbn

  2. How to set up your Telstra Business Smart Modem for nbn

  3. Telstra announces T25 plan

  4. Meet your Telstra small business team

  5. Why Telstra isn't selling InfraCo (and its growth plans for the future)

  6. Telstra is going to 'radically simplify' its offerings: CEO

COMMENTS

  1. PDF Business Mobile Plans

    If you have existing shareable services on your account, and you connect a new, or change an existing shareable service to a Telstra Business Mobile or Telstra Business Data Plan, we will automatically: change your existing eligible shareable services to have no excess data charges in Australia.

  2. Mobile Plans

    Business Mobile Plans: 25 June 2019 - 30 June 2020 https://www.telstra.com.au/content/dam/tcom/help/critical-information-summaries/business/mobile/business-mobile-plans/july-2019-plan.pdf Information about the service Telstra will be switching off 3G in 2024.

  3. Business Mobile SIM plans

    Business Mobile SIM plans Get a carbon neutral mobile plan at no extra cost On Australia's largest mobile network. Our Carbon Neutral certification applies only to mobile plans and not your mobile device. Why choose us for mobile plans? No lock-in contracts

  4. PDF $55 GO BUSINESS MOBILE SIM PLAN

    $55 GO BUSINESS MOBILE SIM PLAN $55/mth Minimum term: 24 months Minimum cost: $1,320 $1,200/mth of calls 2 min. standard call $2 Unlimited SMS and MMS 5GB/mth of data Extra Data $10/GB or part thereof Share data between Eligible Services on the same account. Free intra-account calls to eligible mobile numbers on the same account

  5. Telstra Business Mobile Plans

    Telstra Business Mobile Plans Information about the service This plan allows you to data share with up to 10 eligible upfront mobile or data plans on your account. Your Mobile Repayment Option (MRO) You must purchase an eligible device with this plan, payable over 24 monthly payments. You may receive a monthly discount.

  6. Mobile Plans

    Business - Data Plans Information about the service Telstra will be switching off 3G in 2024. After switch off you will still be able to access the Telstra Mobile Network provided your device is 4G voice enabled and 4G 700MHz compatible. Find out more: tel.st/goodbye3G Annual Price Review

  7. Telstra Small Business Mobiles, Tablets, Business Internet, Application

    Book an appointment BUSINESS SOLUTIONS Telstra exclusive Tyro offer Enjoy a flat 1.4% transaction rate with no lock-in contract when you sign up for Tap-to-Pay on iPhone and the Tyro BYO App with Telstra. Plus, make your first $15K of sales fee-free. Telstra exclusive Tyro offer for small business customers new to Tyro. See Tyro details and terms.

  8. Mobile Plans

    $55/mth: $65/mth: $85/mth: $115/mth: Annual Price Overview. Shop Demand Data. Monthly Product Allowance. 40GB: ... Telstra Business Cell Plans. ... Telstra Small Business offers an extensive range in products including business internet or mobile plans, plume benefits, banda, NBN & more.

  9. Telstra business mobile plans review: Premium at a premium

    $55/mth Business perks Dedicated business support, Smarter Business industry insights View Plans By Nathan Lawrence May 09, 2022 3 min read We may earn money when you click our links. Telstra business mobile quick verdict Telstra has a reputation for being a premium telco whose plans are, likewise, offered at a premium price.

  10. Telstra Business Phone Plans

    Starting from $55 per month, Telstra offers four SIM Only plans, ideal for those who already have a mobile. Available without any contracts, Telstra Business plans offer 40GB on the smallest plan and 180GB on the largest plan. The plans are very similar to Telstra's upfront plans. These plans are not available to enterprise customers.

  11. Best-Rated Business Mobile Phone Providers

    Compare business mobile phone plans and providers with this Canstar Blue review, where providers are rated on network coverage, value for money and more. ... min. cost $55.00 $8.00 over 1 month: Go to site : ... Canstar Blue reviews Telstra and Boost phone plans. - Read more Australia's Best-Rated Business Mobile Plan Providers - September 1st

  12. Business vs personal mobile plans

    Telstra's personal and business plans are slightly different. For example, $50 a month gets personal customers '$1000 worth of calls', unlimited SMS and 2.5GB of data, while business customers pay $55 for '$1200 worth of calls', unlimited SMS and 5GB of data. Bear in mind Telstra's call values are calculated on what we consider to be ...

  13. Telstra $62 Basic Upfront Mobile Plan

    Full Cost Breakdown Data 50GB for use in Australia No excess data charges in Australia. Speed will be capped at 1.5Mbps. Calls & Messages Unlimited National Calls Unlimited calls to standard Australian numbers within Australia Unlimited Messages Unlimited SMS & MMS to standard Australian numbers to use in Australia International Calls

  14. Telstra Phone Plan Prices Will Rise In July

    From July, Telstra's cheapest postpaid SIM plan will be its Basic option, which is priced at $58 per month for 40GB of fast data. This is $13 per month more than Optus' entry-level Small Choice Plus plan, which costs $45, but includes half the data at 20GB per month.

  15. Which Telstra plans include 5G access

    Articles Guides Which Telstra plans include 5G access By Alex Choros Last updated 17 November 2022 Telstra's approach to 5G can be a little bit confusing. Unlike with past network upgrades, not all customers will automatically have 5G connectivity at maximum speeds.

  16. PDF Telstra

    Telstra - Upfront Data Plans Critical Information Summary This summary may not reflect any discounts or promotions which may apply from time to time ... Monthly Charge Casual month to month $15/mth $25/mth $55/mth $85/mth Monthly Data Allowance 5GB 30GB 75GB 400GB Network Access 3G, 4G/4GX 3G, 4G/4GX 3G, 4G/4GX, 5G 3G, 4G/4GX, 5G Minimum Term 1 ...

  17. Business vs. Residential NBN Plans: Which Should You Pick?

    On the all-important speed front, business NBN plans forego the bare-bolts NBN 12 plans and start off with NBN 25 speeds, which should be considered the minimum for most small businesses. NBN 50 plans offer a great mix of upload/download speed and price, while NBN 100 plans are the fastest speed tier available to metro offices not connected by Hybrid Fibre Coaxial (HFC) or Fibre to the ...

  18. Telstra $62 Basic Upfront SIM Plan

    Mobile Phone Plans Mobile Phone Carriers Telstra Telstra $62 Basic Upfront SIM Plan SIM Only Total Price $62 per month Full Cost Breakdown Data 50GB for use in Australia No excess data charges in Australia. Speed will be capped at 1.5Mbps. Calls & Messages Unlimited National Calls Unlimited calls to standard Australian numbers within Australia

  19. Telstra has new, more expensive mobile plans

    How WhistleOut Works. Telstra's most affordable plan was previously $55 per month and limited to 4G connectivity. It's now $58 per month, and gets 5G, but with speeds capped to 250Mbps. That's still pretty damn fast, but about a quarter of the maximum speeds we've seen on Telstra's 5G network. It holds firm at a 40GB allowance,

  20. Telstra Deal: Save $50 a Month on Telstra's Largest Mobile Plan

    Makes Cents. Advertisement. Telstra is doing a $50 per month discount deal on its largest mobile plan. You'll pay $65 per month for a 180GB allowance for a year.

  21. A court rejected Elon Musk's $55.8B pay package. What is he worth to

    Under Musk's pay plan, he received a chunk of stock options each time Tesla's market value rose by $50 billion. Ultimately, he would have the chance to buy nearly 304 million shares for $23.34 each. Tesla has met each of the performance hurdles since the package was awarded.

  22. Telstra to sell Starlink-powered plans late this year

    Pricing has yet to be confirmed, but Telstra currently charges $55 per month for a voice-only home phone plan delivered via the NBN, while Starlink charges $139 per month for its standard internet service. Starlink plans do however have hefty hardware fees, of up to $924.

  23. Telstra business vs personal

    Business Go - $55/month, 5GB data and 24 months minimum 4. Business Go - $60/month 5GB data, no contract If it's not too expensive, I'd prefer to go casual rather than on contract in case there are new plans in the wings; we're unlikely to upgrade the handsets for at least another year at this stage, so I see no need to lock myself into a contract.

  24. Elon Musk $55 Billion Tesla Pay Package Voided by Judge

    Elon Musk's $55 billion pay package at Tesla Inc. was struck down by a Delaware judge after a shareholder challenged it as excessive, a ruling that would take a giant bite out of Musk's wealth ...

  25. DART considers $55M HQ renovation in Dallas

    DART is considering up to $55 million in improvements to its four-story headquarters at 1401 Pacific Ave., near its Akard Station rail hub, according to a Feb. 13 staff briefing to the agency's ...

  26. Telstra increasing mobile prices, adding more data and 5G on their

    Telstra's "Small" plan is being renamed "Basic", and goes up from $55 a month to $58 a month, but for the first time 5G is now part of that plan - with a catch. More on that soon. The "Medium" plan is now called "Essential" and goes from $65 to $68, with a huge data boost from 80GB per month to 180GB per month.