UMike
Klutzing in Thai
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Well the company slogan is YES.
TLS - Telstra Corporation
- Thread starter banjo_pete
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- telstra corporation tls
Knobby22
Mmmmmm 2nd breakfast
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Should be
Yeah nah
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Bought into TLS today.
Looking to add more defensive and income producing stocks for the medium term.
Gradually cutting down on short term trading stocks.
Might be old age.
Mick
Looking to add more defensive and income producing stocks for the medium term.
Gradually cutting down on short term trading stocks.
Might be old age.
Mick
UMike
Klutzing in Thai
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You'd think with all the optics issues they'd be doing a bit better.
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well my rellies who worked at Telstra ( and as far back as the PMG ) have all passed away
no money on earth will get them back
they scared me off from buying back in when they admitted they were interested in buying the NBN
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TLS hit a 52 week low today.
Not sure why, it went ex div on 28th Feb.
So I decided to buy some more defensive TLS.
Mick
JohnDe
La dolce vita
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Telstra have been having patchy service across the country for over a week, though they have managed it a lot beter than Optus did. I don't think that it will cause any long-term price issue, Telstra is still the best provider in the country.
Telstra outages affect phone and internet customers nationally
Thousands of customers have reported issues with calls and internet.
7news.com.au
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Telstra to lay off up to 2800 workers.
I wonder if 1400 overseas work from home reps will be put on. Lol
I wonder if 1400 overseas work from home reps will be put on. Lol
UMike
Klutzing in Thai
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AI has to be good for something.
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Telstra announces organisational changes and action on cost Provides early FY25 guidance and reaffirms FY24 guidance
Tuesday, 21 May 2024 – Telstra today announced measures to begin the reset of its Enterprise business, simplify its operations and improve productivity.
Telstra reaffirmed its FY24 guidancei and provided early FY25 guidanceii . Telstra also said it would be updating its customer terms for its postpaid mobile plans to remove the annual CPI-linked review of prices.
Some of the proposed measures, which require consultation with employees and unions, would result in up to 2,800 job reductions from Telstra’s direct workforce. CEO Vicki Brady said the measures were necessary to ensure Telstra could continue to make the investments needed to support the ever-increasing growth in data volumes on its networks and deliver improved connectivity for customers across the country.
“Telstra’s ongoing investment in infrastructure, technology, innovation and service for our customers drives growth and underpins Australia’s digital economy, contributing to the prosperity of the nation,” Ms Brady said.
“This is occurring within a dynamic environment, with an evolving competitive landscape, rapid advances in technology, changing customer needs, and the ongoing inflationary pressures facing all businesses.”
Reset of Telstra Enterprise and product simplification At its Half Year Results in February, Telstra announced a detailed review of Telstra Enterprise, covering all elements of its domestic business.
A number of actions have been identified to start a reset of Telstra Enterprise. These will sharpen its focus on areas where it has the strongest differentiation, further improve delivery for customers and improve the cost base of the business. These include:
• a streamlined product portfolio, reducing the number of NAS products in market by close to two thirds;
• a simplified customer sales and service model to better support customers; and,
• a reduction in the cost base of the Telstra Purple tech services business – particularly NAS products, aligned with revenue and changing market dynamics.
The review of Telstra Enterprise is ongoing and the challenging market conditions it is facing remain the same.
A further update on next steps, including progress on the actions above, will be provided at Full Year Results in August.
Simplifying operations and action on cost Ms Brady said the reset of the Enterprise business along with other organisational changes would potentially see up to 2,800 roles removed, with the majority of this to occur by the end of calendar year 2024.
“I appreciate the uncertainty proposed changes like this can create for our people and we will support them through this change with care and transparency.
As we propose specific changes, we will talk them through with our teams and union representatives first,” Ms Brady said. Consultation on 377 of those roles would begin immediately, mainly from areas supporting the products and services to be exited in Enterprise.
In addition to starting the reset of Telstra Enterprise, Telstra will reshape some of its internal operations by moving its Global Business Services function into other parts of the business.
This will help simplify processes and empower leaders closest to customers to make more decisions.
Telstra also continues to focus on a range of actions to reduce its non-labour and indirect labour costs.
With these actions, Telstra said it expected to achieve $350 million of its T25 cost reduction ambition by the end of FY25. p 2 Telstra expects one-off restructuring costs of $200 - $250 million across FY24 and FY25.
These costs will be excluded from guidance and are in addition to BAU annual restructuring costs.
Postpaid mobile plan customer terms In addition to the cost reduction and Telstra Enterprise actions, Telstra announced it would be updating the customer terms for its postpaid mobile plans to remove the CPI-linked annual price review.
Ms Brady said this change simplified Telstra’s pricing strategy by bringing the approach to postpaid mobile plans into line with other products.
“This approach reflects there are a range of factors that go into any pricing decision, and will provide greater flexibility to adjust prices at different times and across different plans based on their value propositions and customer needs,” Ms Brady said.
“As a result of this change, we will not be making a CPI-linked annual price change to postpaid mobile prices in July 2024.
We will continue to review our pricing and any changes will be communicated to customers in a timely and transparent way.
“Our mobiles business continues to perform strongly, with growth in subscriber numbers for the first four months of this half consistent with the first half of FY24.
This success has underpinned our EBITDA growth in FY24 to date and reflects the high demand for our products and the value customers place on our differentiated network, its reliability and our flexible plans.
” Reaffirming FY24 guidance and providing early FY25 guidance Telstra reiterated its FY24 guidancei and provided FY25 Underlying EBITDA guidanceii of $8.4 - $8.7 billion.
Telstra also reaffirmed its commitment to delivering its T25 CAGR ambitions for Underlying EBITDA, EPS and ROIC growth.
“Our continued confidence in our capacity to grow mobiles’ revenue and EBITDA, along with clear actions on cost out and to reset our Enterprise business, has allowed us to bring forward our Underlying EBITDA guidance for FY25,” Ms Brady said.
Ms Brady said Telstra was just over 12 months from completing its T25 strategy and good progress had been made in a range of areas, including improving customer experience.
“Our strategy beyond T25 will build on the momentum created over recent years and help set the organisation up for success through to 2030.”
Telstra media contact: Name: Steve Carey Mobile: +61 413 988 640 Email: media@team.telstra.com Media reference number: 022/2024
i do not hold currently ( but have in the past
i have an order in for TLS in the market ( a little below the action )
Tuesday, 21 May 2024 – Telstra today announced measures to begin the reset of its Enterprise business, simplify its operations and improve productivity.
Telstra reaffirmed its FY24 guidancei and provided early FY25 guidanceii . Telstra also said it would be updating its customer terms for its postpaid mobile plans to remove the annual CPI-linked review of prices.
Some of the proposed measures, which require consultation with employees and unions, would result in up to 2,800 job reductions from Telstra’s direct workforce. CEO Vicki Brady said the measures were necessary to ensure Telstra could continue to make the investments needed to support the ever-increasing growth in data volumes on its networks and deliver improved connectivity for customers across the country.
“Telstra’s ongoing investment in infrastructure, technology, innovation and service for our customers drives growth and underpins Australia’s digital economy, contributing to the prosperity of the nation,” Ms Brady said.
“This is occurring within a dynamic environment, with an evolving competitive landscape, rapid advances in technology, changing customer needs, and the ongoing inflationary pressures facing all businesses.”
Reset of Telstra Enterprise and product simplification At its Half Year Results in February, Telstra announced a detailed review of Telstra Enterprise, covering all elements of its domestic business.
A number of actions have been identified to start a reset of Telstra Enterprise. These will sharpen its focus on areas where it has the strongest differentiation, further improve delivery for customers and improve the cost base of the business. These include:
• a streamlined product portfolio, reducing the number of NAS products in market by close to two thirds;
• a simplified customer sales and service model to better support customers; and,
• a reduction in the cost base of the Telstra Purple tech services business – particularly NAS products, aligned with revenue and changing market dynamics.
The review of Telstra Enterprise is ongoing and the challenging market conditions it is facing remain the same.
A further update on next steps, including progress on the actions above, will be provided at Full Year Results in August.
Simplifying operations and action on cost Ms Brady said the reset of the Enterprise business along with other organisational changes would potentially see up to 2,800 roles removed, with the majority of this to occur by the end of calendar year 2024.
“I appreciate the uncertainty proposed changes like this can create for our people and we will support them through this change with care and transparency.
As we propose specific changes, we will talk them through with our teams and union representatives first,” Ms Brady said. Consultation on 377 of those roles would begin immediately, mainly from areas supporting the products and services to be exited in Enterprise.
In addition to starting the reset of Telstra Enterprise, Telstra will reshape some of its internal operations by moving its Global Business Services function into other parts of the business.
This will help simplify processes and empower leaders closest to customers to make more decisions.
Telstra also continues to focus on a range of actions to reduce its non-labour and indirect labour costs.
With these actions, Telstra said it expected to achieve $350 million of its T25 cost reduction ambition by the end of FY25. p 2 Telstra expects one-off restructuring costs of $200 - $250 million across FY24 and FY25.
These costs will be excluded from guidance and are in addition to BAU annual restructuring costs.
Postpaid mobile plan customer terms In addition to the cost reduction and Telstra Enterprise actions, Telstra announced it would be updating the customer terms for its postpaid mobile plans to remove the CPI-linked annual price review.
Ms Brady said this change simplified Telstra’s pricing strategy by bringing the approach to postpaid mobile plans into line with other products.
“This approach reflects there are a range of factors that go into any pricing decision, and will provide greater flexibility to adjust prices at different times and across different plans based on their value propositions and customer needs,” Ms Brady said.
“As a result of this change, we will not be making a CPI-linked annual price change to postpaid mobile prices in July 2024.
We will continue to review our pricing and any changes will be communicated to customers in a timely and transparent way.
“Our mobiles business continues to perform strongly, with growth in subscriber numbers for the first four months of this half consistent with the first half of FY24.
This success has underpinned our EBITDA growth in FY24 to date and reflects the high demand for our products and the value customers place on our differentiated network, its reliability and our flexible plans.
” Reaffirming FY24 guidance and providing early FY25 guidance Telstra reiterated its FY24 guidancei and provided FY25 Underlying EBITDA guidanceii of $8.4 - $8.7 billion.
Telstra also reaffirmed its commitment to delivering its T25 CAGR ambitions for Underlying EBITDA, EPS and ROIC growth.
“Our continued confidence in our capacity to grow mobiles’ revenue and EBITDA, along with clear actions on cost out and to reset our Enterprise business, has allowed us to bring forward our Underlying EBITDA guidance for FY25,” Ms Brady said.
Ms Brady said Telstra was just over 12 months from completing its T25 strategy and good progress had been made in a range of areas, including improving customer experience.
“Our strategy beyond T25 will build on the momentum created over recent years and help set the organisation up for success through to 2030.”
Telstra media contact: Name: Steve Carey Mobile: +61 413 988 640 Email: media@team.telstra.com Media reference number: 022/2024
i do not hold currently ( but have in the past
i have an order in for TLS in the market ( a little below the action )
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Yes, filling up Canberra. Lol
Dona Ferentes
A little bit OC⚡DC
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now back to $3.60 ... again. Any defensive yield play story is looking rather awkward
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Normally the market loves it when a company announces staff layoffs. Not today.
Dona Ferentes
A little bit OC⚡DC
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legacy a-plenty ...
- copper network, landlines, whereas the money is in mobile and data
- 2800 jobs going, or 10 per cent of the workforce. Payouts
Value Collector
Have courage, and be kind.
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Mobile and Data don’t work to well without land lines to plug the towers into, not to mention large amounts of mobile usage happens through wifi, which is often connected to land lines.
check this video at the 3 minute mark for an example of what I mean.
Last edited:
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Telstra at 3 year lows today , Bit of tax loss selling likely to continue deep into June where a good buying opportunity may exist . Sorting out a systematic buy signal in the meantime .. Multiples for last year or so been significantly above historical norms so this selloff is not totally unexpected tbh , Given earnings revisions down significantly last 12 m this adds weight to selldown . The recent ann has lowered forecasts in last few days also
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Telstra update draws mixed response from analysts
Telstra update draws mixed response from analysts
Telstra update draws mixed response from analysts
www.marketindex.com.au
i bought back into TLS yesterday
( sigh ) at least they look better than bonds but might need to average down a bit more first , to get a good outcome
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Telstra able to raise prices.
Held
Morning Report commentary on 'Market Matters'
Held
Morning Report commentary on 'Market Matters'
| Telstra Group (TLS) $3.83 |
TLS has experienced several broker upgrades in the last few weeks, which have turned around the share price, with the stock now up +13% from its May low of $3.39. In early July, they announced a series of price increases at a rate well above inflation:
While TLS is not a growth stock, consensus does have earnings growth factored in for the next few years, up 5% in FY24, 7% in FY25, and 11% in FY26, which means we should see a higher dividend over time.
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ACMA gets some more spending money from telstra.
Mick
Mick
Dona Ferentes
A little bit OC⚡DC
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what's that; 10c a customer?
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