TLS - Telstra Corporation

[divs4ever]

what's that; 10c a customer?

humph ! didn't drop the share price

i would have been interested in adding to the holding sub $3.30

( i hold TLS )

 

[Garpal Gumnut]

humph ! didn't drop the share price

i would have been interested in adding to the holding sub $3.30

( i hold TLS )

Divsie do you know anything about Telstra? Can you give me a summary on TLS please @divs4ever ? I have some since mediaeval times. Will it ever get back to $5. What does it do now apart from inadvertantly ripping up a watering system I put in to water some Council lawn. Maybe something more than the usual rubbish from the brokers. I would guess you bought it for two shillings and six pence. Many thanks. Oh please do not end it with DYOR as I DMOR. MTIAOYE.

gg

 

[divs4ever]

Divsie do you know anything about Telstra? Can you give me a summary on TLS please @divs4ever ? I have some since mediaeval times. Will it ever get back to $5. What does it do now apart from inadvertantly ripping up a watering system I put in to water some Council lawn. Maybe something more than the usual rubbish from the brokers. I would guess you bought it for two shillings and six pence. Many thanks. Oh please do not end it with DYOR as I DMOR. MTIAOYE.

gg

i dipped back into TLS @ $3.46 in May this year
but i bought them as 'a bond proxy'/safe haven , on the logic of 'too big to let fail'

i held them earlier but took some modest profits ( between 2015 and 2021 ) when they seemed to be going nowhere in a bull market

BTW i exited back then @ $4.04

 

[Chipp]

The Easy money is done imo from a trader pov , report and exdiv might hold it up for a while but my MO as a trader is take the money and run before earnings .

 

[mullokintyre]

Annual out.

Revenue flat, down after accounting for inflation.
profit down.
Guidance flat.
The rest is fluff.
But will buy more for long term hold if market crunches it.
Mick

 

[finicky]

I'm spending more with them today, if I get out. New S9 Samsung Galaxy tablet and new 24m plan or extend old one. So pile in.

Small Holding

 

[Ferret]

All the underlying metrics are up. Doesn't look too bad to me.

 

[Dona Ferentes]

All the underlying metrics are up. Doesn't look too bad to me.

big and boring.... (that's OK, just another large cap driven by insto views and flows).

Telstra boosts dividend amid profit slump​

By Glenn Dyer |

Telstra (ASX:TLS) has lifted its final dividend for the 2023-24 financial year to nine cents a share, despite a 13% drop in profit due to higher costs resulting from job cuts and restructuring.

The increase from 8.5 cents a share a year ago brings the full-year payout to 18 cents a share, in line with market expectations, (this is still well short of the halcyon days of 2018 when 22 cents a share was paid out to shareholders.)
Telstra reported an annual net profit decline of 13% to $1.79 billion after taking hundreds of millions of dollars in write-downs on its troubled enterprise business and incurring costs associated with slashing 2,800 jobs.

These higher costs offset a slight increase in group revenue and strong earnings from Telstra's booming mobile business, which the restructuring is intended to enhance and protect.

Revenue edged up 1% to $22.9 billion, while the company also took a $311 million write-down on its enterprise business, which services large companies and government departments.
“While most parts of our business performed strongly, Fixed Enterprise is clearly a long way from where we need it to be,” CEO Vicki Brady said in Thursday’s statement to the market. “We commenced action during the year to address challenges in our Enterprise business and took additional action on cost overall.”

Brady said Telstra's mobile business continued to grow strongly. “This growth was driven by more people choosing our network, with more than 560,000 net new handheld customers, along with ARPU [average revenue per user] growth. Mobile services revenue grew by 5.6 per cent, and our mobile business underpinned our overall underlying earnings growth."
.
the thing that caught my eye is revenue of $110 million from sale of copper from a physical network that is shrinking/ in many ways redundant

 

[mullokintyre]

Telstra goes ex div, so down 3%.
Got some bids in around 3.75 mark which is where I would like to buy.
Mick

 

[divs4ever]

Telstra goes ex div, so down 3%.
Got some bids in around 3.75 mark which is where I would like to buy.
Mick

i bought my ( current ) lot @ $3.46 , so until $3.40-$3.45 i will be keeping out of your way

good luck

 

[divs4ever]

By Dominic Chopping

STOCKHOLM--Ericsson will join forces with a group of global telecom operators as they work to make it easier to develop new digital services.

The Swedish telecom-equipment company said Thursday that the deal will see the formation of a new company to accelerate adoption and innovation of network APIs--the interfaces that enable applications and mobile networks to communicate with each other and allow developers to build software applications.

By combining network APIs globally, the new company aims to ensure that new applications will work anywhere and on any network, which will drive new monetization opportunities, Ericsson said.

Niklas Heuveldop, chief executive of Ericsson's Vonage cloud-communications subsidiary, said that developers will benefit from accessing advanced network capabilities in partner networks through common APIs, accelerating the digital transformation of businesses and the public sector.

"This groundbreaking, open industry collaboration effectively removes the single largest barrier for developers to leverage mobile networks to their full potential," he said.

Ericsson said that by making advanced network capabilities easily accessible it will open up a new wave of app development and allow developers to create new use cases across many sectors.

Companies committing to the deal include America Movil, AT&T, Bharti Airtel, Deutsche Telekom, Orange, Reliance Jio, Singtel, Telefonica, Telstra, T-Mobile, Verizon and Vodafone, but additional telecom operators are encouraged to join, it said.

Upon closing, which is expected in early 2025, Ericsson will hold 50% of the equity in the venture while the telecom providers will hold 50% in total.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

September 12, 2024 09:54 ET (13:54 GMT)


i hold TLS

 

[divs4ever]

Telstra announces agreement to sell its Foxtel shareholding

Monday 23 December

- Following a strategic and financial review of Foxtel initiated by News Corp,Telstra today announced an agreement to divest its 35 per cent shareholding in Foxtel to DAZN alongside the divestment of News Corp’s 65 per cent shareholding announced this morning.

Telstra will receive $128 million in cash for repayment of shareholder loans and will hold a 3 per cent shareholding in DAZN.

The transaction is not expected to have a material impact on Telstra’s FY25 guidance for profit and loss for the current financial year.

Telstra has maintained a minority investment in Foxtel following its combination with Fox Sports in 2018 and has welcomed the transformation of the Foxtel business in recent years with new streaming offerings including Kayo and Binge.

The sale of Foxtel to DAZN, a global sports streaming platform, represents an opportunity for the continued evolution of Foxtel’s digital-first sports and entertainment offering within a global platform.

Telstra CEO Vicki Brady said, “Now is the right time for this change. Foxtel is a world-class streaming service, and I look forward to its continued success under DAZN’s ownership.”

Completion is expected in the first half of 2025 subject to regulatory approvals.

i hold TLS

the flagged ( eventual ) sale was one of the reasons , i bought back into TLS ( hoping the cash proceeds would be used to reduce debt )

let's see what happens next

 

[sptrawler]

The way forward is becoming obvious.

MSN

Major telco Telstra has signed a new deal with Elon Musk’s satellite network Starlink, allowing customers to send a text message from almost anywhere in Australia – including rural and regional dead zones.

Under the deal announced on Thursday, Telstra customers will be able to use Musk’s low-earth orbit satellites to communicate with other users across Australia. It marks a new foray into the direct-to-handset technology for Telstra, whose network covers all but 0.3 per cent of the Australian population.

 

[mullokintyre]

For such a large and important company, TLS does not get much airprlay on ASF.
Its results out today were greeted warmly by the market, up 5% to a new 52 week high.
All the important things went up, and it has announced a share buy back.
More than happy with this result, may even add some more.
Mick

 

[divs4ever]

i bought TLS between 2015 and 2018 ( averaging down ) before exiting in November 2021 , getting my money ( plus a small profit ) back and the divs. on the way ( @ $4.04 on the exit )

obviously not the 'growth stock i had hoped it to be

i bought back in May 2024 ( @ $3.47 ) buying on the logic of a 'safe-haven' stock ( too important to let fail ) / bond substitute

SO FAR that has been a better strategy , but does TLS get me excited .. not so far

still way too much debt for my liking and yet they persist with share buy-backs

Telstra intends to buy back its fully paid ordinary shares of up to approximately $750 million in value (rather than a specific number of shares).
Telstra will only buy back shares at such time and in such circumstances as are considered beneficial to its efficient capital management. It reserves the right to suspect or terminate the buy-back at any time.

BTW their grip on English isn't so hot either , reminds me of my interactions with Oplus

my preferred Telco exposure is SPK and TUA the regulator is too fickle to be comfortable investing in Australia-based telcos

 

[sptrawler]

i bought TLS between 2015 and 2018 ( averaging down ) before exiting in November 2021 , getting my money ( plus a small profit ) back and the divs. on the way ( @ $4.04 on the exit )

obviously not the 'growth stock i had hoped it to be

i bought back in May 2024 ( @ $3.47 ) buying on the logic of a 'safe-haven' stock ( too important to let fail ) / bond substitute

SO FAR that has been a better strategy , but does TLS get me excited .. not so far

still way too much debt for my liking and yet they persist with share buy-backs

Telstra intends to buy back its fully paid ordinary shares of up to approximately $750 million in value (rather than a specific number of shares).
Telstra will only buy back shares at such time and in such circumstances as are considered beneficial to its efficient capital management. It reserves the right to suspect or terminate the buy-back at any time.

BTW their grip on English isn't so hot either , reminds me of my interactions with Oplus

my preferred Telco exposure is SPK and TUA the regulator is too fickle to be comfortable investing in Australia-based telcos

Yes Divs, the problem with Telstra is being too big to fail, also has the unintended consequence of being too big to grow and then ACCC step in.

 

[divs4ever]

Yes Divs, the problem with Telstra is being too big to fail, also has the unintended consequence of being too big to grow and then ACCC step in.

but at sub $3.50 it looks like a better return than a TD , so i bought some back then, ( and maybe safer than a big 4 bank )
TUA has growth potential ( half of South-East Asia ) maybe SPK will spread it's wings to the South Pacific Islands ( just a guess ) , but TLS ?? MAYBE PNG but TLS is big and bulky maybe PNG would say NO