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TLS - Telstra Corporation

Good evening,
Agreed Boggo but rcw1 a tad later than you... took a while to register ... telstra ha ha ha ha ha ha

6-7 year highs at the moment. Wonder where it will go... ??
Holding.

Have a very nice weekend.

Kind regards
rcw1

EDIT - spelling
 
$7.40 is still a long way off and the ACCC is still sitting waiting to pounce, if Telstra start getting a major market share, or start making too much money. Lol
Well that quote in February, didn't take long to be confirmed.


The Australian Competition Tribunal (ACT) upheld a decision to block an asset transfer deal between wireless internet firms Telstra Group (TLS.AX) and TPG Telecom (TPG.AX), the companies said on Wednesday, in a ruling that sent TPG shares down 11%.

Under the deal announced in February 2022, Telstra would have bought spectrum - airwaves which carry wireless internet - and transmission towers from TPG, while TPG would have kept selling 4G and 5G coverage using Telstra infrastructure.

The Australian Competition and Consumer Commission (ACCC) had ruled against the plan in December, much to the delight of Optus, the country's No. 2 wireless internet provider owned by Singapore Telecommunications (STEL.SI).

The ACCC is the country's competition regulator, while the ACT is a federal court body that typically reviews appeals of the regulator's decisions.

The Tribunal noted that the proposed arrangements would give Telstra substantial benefits and increase its market strength on the retail and wholesale mobile markets, and would undermine Optus' incentives to invest in 5G technology, ACCC said in a statement.

Over time, this would weaken the competitive constraint on Telstra, and lead to increased prices and margins, the regulator said.
 
Sold my shares at a nice profit to fund another project, now I'm thinking I should have waited a bit longer -

 
Tesla Starts Selling Model Y in South Korea for About $45,000

Tesla (TSLA) has begun selling its Model Y rear-wheel drive vehicle in South Korea at about 57 million won ($45,010), multiple media reported on Friday, citing the company's website.
The sports utility vehicle price makes it eligible for the maximum rate of government subsidies, Reuters reported.

With the subsidies, the price of Chinese-made Model Y drops to about $37,000 in Seoul and to $30,000 in some cities offering additional incentives for electric vehicles, Bloomberg reported.

The car has a driving range of 350 kilometers and is available for delivery between August and September, Reuters reported.

The only Model Y cars previously available in the country were the dual-motor performance and long-range versions, Bloomberg reported.

 
Possibly should be in the Tesla thread, rather than the Telstra thread, just a guess.
 
That's what happens when you're doing three things at once; cracking a stout, watching the Matildas vs France game, answering the wifes questions while posting.
I know exactly what you mean, happens to me all the time.
I find it amazing how the wife hardly ever speaks until I'm doing something, then she wont shut up and let me concentrate. ?
 
Any comments on the drop in the TLS share price since the announcements of a couple of days ago?
was tempted to jump in again , but remembered there is still a desire for TLS and NBN to combine

personally i would rather telcos operating outside of Australia currently

i hold SPK and TUA
 
Telstra up 1.3%
Surely they will do well out of this Optus debacle. Singtel down nearly 5%.

Don't own.
My telstra service is slow as a snail. I'm guessing all the additional traffic is maxing out telstra networks. I'm currently working off a wifi hotspot and I may as well be on dial-up.

I don't think this is good for anyone. Corporations are just worried about how many ESG points they can score, actual business operations have not been a thing for probably a decade now. We're only just beginning to see what happens when you are large scale corporate and governance rot.

I suspect Telstra could just as easily be in the same boat and they are absolutely shi*tting themselves right now realizing they probably sacked anyone who knows anything years ago.
 
Argh, ESG... from what I've seen it's all about the money and the higher the ESG ranking, the more one is ticked as A-OK thus, readily availabe finance is splashed all over the place.
 
Single point of failure. Reeks of lack of engineering and willingness to invest.
Also I heard in the news that they got rid of over 600 technical staff a year ago. You reap what you sow. The lawyers should have a field day but I have no pity.
 
All these critical services should be required now to go with this outstanding Australian complany.
Little wonder the Dan Andrews govt in all their wisdom used the Optus net work. Corrupt Morons.
 
Single point of failure. Reeks of lack of engineering and willingness to invest.
Also I heard in the news that they got rid of over 600 technical staff a year ago. You reap what you sow. The lawyers should have a field day but I have no pity.

They'd rather spend funds on lawyers.
 
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