It is understood that planned job losses across the two titles will still go ahead, but NUJ members withdrew strike action, which would have begun tomorrow, following the Telegraph management's u-turn regarding new rotas and compulsory Saturday shifts.
Under the renegotiations, journalists who volunteer for flexible hours will receive an extra payment of 拢5,000, on top of their current salary.
The Telegraph Media Group has welcomed the NUJ member's decision to suspend strike action, adding that further talks were set to begin over revised rota proposals.
The strike ballot, which was conducted at the end of October, found 76% of the Telegraph's NUJ members in favour of strike action, with more than 90 members voting in favour while 12 were against.
The NUJ has criticised remarks made by Telegraph editors Patience Wheatcroft and Will Lewis last week, that union members were "Luddites" for resisting technological changes occurring across the group's digital and print editions.
Jeremy Dear, NUJ general secretary, said: "Telegraph journalists were publicly insulted by their own managers, told their demands were unreasonable, that there could be no negotiation and there would be no concessions and no payments."
He described Telegraph bosses u-turn about working hours as "a massive climbdown in the face of concerted union pressure".
Last week, the Telegraph Group announced operating losses of 拢12.1m in 2005, following its 拢45.8m relocation to London's Victoria, company restructuring and a 4% downturn in ad revenues.
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