Telstra continues to invest heavily in both IT and the Asia market following the company's plans to list its subsidiary on the New York Stock Exchange.
The company has a majority stake in Chinese car sales website Autohome. Ahead of the initial public offering, the company increased its shareholding from 66 percent to 71.5 percent.
Telstra has been expanding its portfolio in Australia by acquiring companies focused on unified communications and IT solutions.
Telstra's international group president Tim Chen will remain chairman of Autohome following the IPO.
Telstra's international businesses grew revenue by 16.2 per cent to $1.7 billion for the financial year ending in 2013.
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