Telstra Group Limited (ASX: TLS)
Company Information Telstra Group Limited (ASX: TLS) Telstra Group Limited is an Australia-based telecommunications and technology company, offering a full range of communications services. The Company‚Äôs segments include Telstra Consumer and Small Business (TC&SB), Telstra Enterprise (TE), Networks, IT and Product (NIT&P), and Telstra InfraCo. The TC&SB segment provides telecommunication, media and technology…
ASX 200 & All Ords Gain Strongly – Rally Boosted by Telstra
Australian markets experienced a significant rebound on Tuesday as theASX200 surged by 66.50 points, a boost of 0.86%, to settle at 7,829.70. This upswing effectively wiped out the losses from Monday, indicating a renewed investor confidence across various market sectors. The All Ords ended the day at 8075, up 0.79%. One of the standout performers…
Customers Abandoning Optus to Switch to Telstra (ASX: TLS)
Telstra is the dominant player in the Australian telecommunications sector. The company’s Full Year 2023 results saw increases in both revenue and profit, but guidance, although positive, was disappointing. The share price has been trending downward over the last three months. As Australia’s second most valuable brand, even the newest newcomers to share market investing…
Telstra Group (ASX: TLS) Transformation Delivering Results
Telstra is on track with the T25 strategy, building on earlier T22 efforts. Telstra’s Full-Year 2023 Financial Results show growth in most operations. The company’s full-year dividend payment was up 3.0%. Telstra is Australia’s largest telecommunications provider, serving consumers, commercial enterprises, small to medium-sized businesses and government organisations. The company is known for its dividend…
No deal for Telstra and TPG regional network
The ACCC has decided not to authorise proposed regional mobile network arrangements between Telstra Corporation Limited (ASX:TLS and ASX:TL1) and TPG Telecom Limited (ASX:TPG). Under the statutory test, the ACCC must not grant authorisation unless it is satisfied the proposed arrangements would not be likely to substantially lessen competition, or that the likely public benefits…
Telstra in court for alleged misleading representations
The ACCC has instituted Federal Court proceedings against Telstra for allegedly making false or misleading representations about upload speed to residential broadband customers of its cheaper brand, Belong. In October and November 2020, Telstra migrated nearly 9000 customers who were on a Belong NBN plan with a maximum download speed of 100 megabits per second (Mbps)…
ACCC seeks further views on Telstra, TPG mobile network deal
The ACCC has released a statement of preliminary views on the authorisation sought by Telstra and TPG for their proposed regional mobile network arrangements. The ACCC is calling for further submissions and looks forward to hearing from stakeholders about its preliminary views. Telstra and TPG are asking the ACCC to provide authorisation for the deemed acquisition of…
Telstra undertakes to address 5G competition concerns
The ACCC has accepted a court-enforceable undertaking from Telstra to address competition concerns about Telstra’s registration of radiocommunications sites in low band spectrum that interfered with Optus’ plans to roll out its 5G network nationally. Following an intensive investigation, the ACCC was concerned that Telstra’s registrations of these sites had the substantial purpose or likely…
Telstra’s proposed acquisition of majority stake in Fetch TV not opposed
The ACCC will not oppose the proposed acquisition of 51.4% of Media Innovations Holdings Pty Ltd (Fetch TV) by Telstra Corporation Ltd (ASX:TLS). Telstra and Fetch TV both supply content aggregation services through set-top-boxes. Telstra supplies Telstra TV with eligible Telstra retail broadband services and Fetch TV supplies set-top-boxes to broadband retailers to supply as…
