TLS
Director Trades
| Date | Director | Value |
|---|---|---|
| D. Lamont | $418,750 |
Company News
Ava Risk Group breaks into telecommunications vertical with landmark Telstra partnership
Global risk management specialist Ava Risk Group (ASX: AVA) has achieved a major breakthrough, signing a new contract with Australian communications leader Telstra (ASX: TLS) for an initial 2 year supply agreement. The confirmation of the Telstra supply agreement (TSA) follows 10 months of close collaboration including product trials with Telstra and its customers. It […]
Telstra delivers $2.1b profit, T25 scorecard on track
Telco giant Telstra Group (ASX: TLS) has delivered its full year results for financial year 2023, showing continued financial growth and positive momentum through the first 12 months of its T25 strategy. The company reported a total income of $23.2 billion and a net profit after tax of $2.1 billion, up 5.4% and 13.1% respectively […]
Telstra and TPG respond to tribunal’s rejection of landmark network sharing agreement
Telstra Group (ASX: TLS) has announced it will “carefully consider” a decision by the Australian Competition Tribunal (ACT) to reject a landmark regional network sharing agreement with TPG Telecom (ASX: TPG). The proposed multi-operator core network (MOCN) agreement would have allowed TPG to use around 3700 additional regional mobile sites, increasing its current offering by […]
Can dividends rescue the Australian share market?
There is little doubt that world markets are in a really tough spot as interest rates follow inflation upwards, with both stubbornly tracking higher than most observers anticipated. The one consolation for Australian investors is that we seem to be outperforming the major markets on the way down – that is, we are falling less […]
James Hardie cuts hundreds of jobs, ACCC blocks TPG and Telstra deal and Liontown enters agreement with Zenith Energy
Global building materials company James Hardie Industries (ASX: JHX) has revealed it is slashing hundreds of jobs across the globe and making workers redundant before Christmas as the giant deals with falling demand and soaring costs. The company confirmed it will cut around 100 jobs within the Asia Pacific region, mostly Australia, as it hands […]
Rio Tinto advances Turquoise Hill takeover, CSL to gain new boss and Telstra issues apology
Rio Tinto’s (ASX: RIO) share price fell at the start of the week, despite a positive update on its proposed takeover of Canadian miner Turquoise Hill Resources. The mining giant announced it received the required support from Turquoise Hill shareholders for its proposed acquisition of the remaining 49% the Canadian miner’s issued and outstanding common […]
Yancoal prepays US$1b of debt, Janus Henderson chair retires and Telstra suffers ‘data breach’
Australian coal miner Yancoal (ASX: YAL) has announced plans to prepay US$1 billion of debt, which is expected to provide a US$207 million reduction in finance costs over the loan period. Yancoal will fund the prepayment with available cash on 4 October. Funds will go towards the company’s syndicated facility and its unsecured related-party loans. […]
ASX delays CHESS replacement again, Lynas plans $500m rare earths expansion and Orica acquires Axis
ASX Limited (ASX: ASX) has announced it is pushing back the timeline for its Clearing House Electronic Subregister System (CHESS) replacement project for a fifth time, citing “more development is required than previously anticipated” in an announcement on Wednesday. The launch of the highly-anticipated CHESS replacement project has been delayed for at least another year, […]
Telstra acquires Digicel, Rio Tinto faces labour shortages and South32 sells base metal royalties to Anglo Pacific
Telstra (ASX: TLS) has announced it has completed a multibillion-dollar purchase of Digicel Pacific, a Pacific Islands telecommunications company. The reliable industry leader has been backed with funding from the Australian government, providing US$1.33 billion (A$1.98 million) through Export Finance Australia (EFA). Australia’s international development and the Pacific minister Pat Conroy said the telecommunications giant […]
Game on at Crown Sydney, Medibank offering customers $620 cashback and Telstra Energy unveiled
Crown Resorts (ASX: CWN) has announced the Independent Liquor and Gaming Authority (ILGA) in New South Wales has finally given Crown Sydney the green light to recommence its gaming operations. The approval comes 16 months after Crown Sydney was deemed unfit to hold a gaming licence. Crown’s gaming operations in Sydney will now open members […]
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