This report provides a comprehensive strategic analysis of Telstra Corporation, a leading telecommunications and information services organization in Australia. It identifies Telstra's various strategic business units and analyzes their relationships within the corporation. The report delves into the sources of Telstra's sustainable competitive advantage, highlighting factors such as brand recognition, service range, infrastructure control, and geographic coverage. It further identifies the corporation's revenue centers and assesses the extent of its diversification, distinguishing between related, related-constrained, and unrelated business units. An external environment analysis is conducted using the PESTEL framework, followed by a SWOT analysis for each business unit. Finally, the report offers recommendations for future strategic mergers, acquisitions, or downsizing initiatives for Telstra, with a conclusion summarizing the key findings and strategic implications. Desklib provides this and many other solved assignments for students.