Australia-based Telstra has launched a new mining services department following the acquisition of mine industry communications technology business from CBO Telecommunications.
The latest move will build Telstra's proposal to provide deeper capabilities for customers in the mining industry.
Telstra Global Enterprise and Services group managing director Martijn Blanken said: "These investments are part of our strategy to create a significant global mining technology product and services business.
"Telstra is committed to becoming a new driving force for mining in Australia by helping the industry transition to a digital future."
Subject to completion on 30 June, the company will acquire the network design and consulting services business of CBO, which provides services such as Wi-Fi and Mesh technologies and the design, build and maintenance of enterprise grade networks that are used in mine sites.
CBO also has complementary capabilities that will support the future growth of Telstra's mining focused private LTE and public LTE businesses.
Telstra Global Industries head David Keenan said: "Telstra Mining Services will be focused on helping our mining customers drive better business outcomes by significantly improving in-shift staff and asset productivity.
"Telstra Mining Services will deliver the technology solutions that make this possible, such as high bandwidth networks, mobility solutions and software capabilities, through our own developments, strategic partnerships and in bespoke collaboration with customers."
The acquisition will enable Telstra to increase its mining industry capabilities, including introducing bespoke products such as the Telstra Resources Network Management solution.