Telstra Group Limited (ASX: TLS)

Australia flag Australia · Delayed Price · Currency is AUD
3.620
+0.010 (0.28%)
Jul 3, 2024, 4:10 PM AEST
-15.81%
Market Cap 41.83B
Revenue (ttm) 22.82B
Net Income (ttm) 2.03B
Shares Out 11.55B
EPS (ttm) 0.18
PE Ratio 20.06
Forward PE 18.59
Dividend 0.18 (4.83%)
Ex-Dividend Date Feb 28, 2024
Volume 21,157,019
Open 3.610
Previous Close 3.610
Day's Range n/a
52-Week Range 3.390 - 4.380
Beta 0.36
Analysts n/a
Price Target 4.08 (+12.71%)
Earnings Date Aug 15, 2024

About Telstra Group

Telstra Group Limited engages in the provision of telecommunications and information services to businesses, governments, and individuals in Australia and internationally. It operates through four segments: Telstra Consumer and Small Business, Telstra Enterprise, Networks and IT, and Telstra InfraCo. The company offers telecommunication, media and technology products and services to consumer and business customers using mobile and fixed network technologies, as well as operates call centers, retail stores, a dealership network, digital channels... [Read more]

Founded 1901
Employees 32,579
Stock Exchange Australian Securities Exchange
Ticker Symbol TLS
Full Company Profile

Financial Performance

In 2023, Telstra Group's revenue was 22.70 billion, an increase of 6.70% compared to the previous year's 21.28 billion. Earnings were 1.93 billion, an increase of 14.22%.

Financial Statements

News

Telstra flags ditching venture capital arm

Telstra's US$1 billion start-up incubator has rebranded to Titanium Ventures as the telco giant looks to ditch the venture capital space.

8 days ago - Financial Standard

Telstra looks to cash out of venture capital investments

Telstra Ventures has changed its name to Titanium Ventures, as the telco mulls selling its venture capital investments.

8 days ago - The Australian Financial Review

Telstra Ventures Rebrands to Titanium Ventures

SAN FRANCISCO--(BUSINESS WIRE)-- #Telstra--Telstra Ventures Rebrands to Titanium Ventures.

8 days ago - Business Wire

Telstra hires Deloitte to audit books, replacing EY after 25 years

The telecoms giant said changing auditors was “good governance” and wants to use Deloitte’s digital technology to reduce costs.

9 days ago - The Australian Financial Review

TPG hires industry heavy hitters for $1.5b fund; eyes 3.2-times money

Former Telstra chief executive Andy Penn has signed up to lead the $1.5 billion TPG Emerging Companies Asia Fund’s efforts in new economy and cyber sectors.

22 days ago - The Australian Financial Review

Greek tragedy of austerity measures is obvious

Readers’ letters on Greece’s austerity fallout; Australia’s Pacific relations; investment in nuclear power; South Australia’s green steel advantage; the need to retain cash; Telstra’s job cuts; and th...

5 weeks ago - The Australian Financial Review

New Caledonia evacuation flights confirmed; Sam Kerr to miss Olympics; and the world’s most expensive feather

Want to get this in your inbox every weekday? Sign up for the Afternoon Update here , and start your day with our Morning Mail newsletter . Welcome, readers, to Afternoon Update. The foreign affairs m...

6 weeks ago - The Guardian

Telstra job cuts: treasurer says government will test telco's claims on new strategy – video

Telstra says it needs to cut costs to keep investing in infrastructure and innovation while the treasurer, Jim Chalmers, says companies need to balance staffing needs with technology improvements. Tel...

6 weeks ago - The Guardian

ForexLive Asia-Pacific FX news wrap: USD/JPY ticked higher

ICYMI - Fed's Mester says forecast of 3 rate cuts this year is probably too many Federal Reserve speakers on Tuesday include FOMC Vice Chair Williams China State Planner says 50 fixed-asset investment...

6 weeks ago - Forexlive

Telstra axes jobs | Hard Rock muddies Star approach | Nine signs of an ASX ‘mini melt-up’

Read everything that’s happened in the news so far today.

6 weeks ago - The Australian Financial Review

Telstra to cut 2,800 jobs but chief executive insists change won’t affect retail customers

Communications Workers Union rejects claim by Vicki Brady, stating ‘it will have a devastating impact on services’ Follow our Australia news live blog for latest updates Get our morning and afternoon ...

6 weeks ago - The Guardian

Telstra to Cut Jobs to Save Costs Amid Enterprise Overhaul

The Australian telecommunications company Telstra plans to cut 2,800 jobs as part of a continuing strategic review, helping cut $233.4 million in costs.

6 weeks ago - The Wall Street Journal

Australian telecommunications giant Telstra slashing up to 9% of its workforce

Telstra says it'll make the majority of the job cuts by the end of 2024. Local Australian media with the breaking bad news. This article was written by Eamonn Sheridan at www.forexlive.com.

6 weeks ago - Forexlive

Telstra wields job axe, 2800 roles dumped in restructure

The telecommunications giant said almost 2800 jobs would be cut, mostly this year.

6 weeks ago - The Australian Financial Review

Telstra axes 2800 jobs in restructure

Telstra will get rid of thousands of employees by the end of the year as it struggles to compete against cheaper internet-based communications services.

6 weeks ago - The Australian Financial Review

Australia's Telstra to cut up to 2,800 jobs by year-end to simplify operations

Australian telecom firm Telstra said on Tuesday it would reduce up to 2,800 jobs from its direct workforce by the end of this year, as a part of its proposed measures to simplify operations and improv...

6 weeks ago - Reuters

Infosys signs AI engg deal with Telstra

Infosys signs strategic collaboration with Telstra to accelerate software engineering and IT transformation journey and enhance customer experience. Learn more about the partnership and its impact.

6 weeks ago - The Times of India

Telstra International Boosts Connectivity to Guam With New Regional Network Hub

NEW YORK--(BUSINESS WIRE)-- #TelstraInternational--Telstra International announces plans to develop a regional network hub in Guam.

7 weeks ago - Business Wire

Optus announces $1.6bn network sharing deal with rival TPG

Chief of Singtel-owned company says a similar deal it opposed between TPG and Telstra ‘very different in that Optus is not the dominant player’ Follow our Australia news live blog for latest updates G...

2 months ago - The Guardian

TPG Telecom, Optus strike $1.6b regional phone network deal

TPG and Optus will compete more aggressively with Telstra for mobile phone and internet customers after teaming up to expand services in regional Australia.

2 months ago - The Australian Financial Review

TPG Telecom Agrees to Regional Network Sharing Deal With Optus

TPG Telecom will pay Optus about $653.2 million to use its rival’s mobile infrastructure in regional Australia after regulators blocked an earlier plan to share with Telstra.

2 months ago - The Wall Street Journal

Telstra mulls strategic review for health business

Telstra boss Vicky Brady talked up her desire to actively manage the telco’s sprawling portfolio at the half-year result.

2 months ago - The Australian Financial Review

Telstra Incorporated Earns Great Place to Work Certification for the Second Consecutive Year

NEW YORK--(BUSINESS WIRE)-- #GreatPlacetoWork--Telstra Incorporated, the U.S.-based entity of Telstra, was recently certified for the second consecutive year as a Great Place to Work®.

2 months ago - Business Wire

‘I just kept paying’: Indigenous people are being exploited by businesses using Centrepay debit scheme

Many of those who sign up are from regional or remote communities, speak English as a second or third language and have limited access to clothing, household goods and services Get our morning and aft...

3 months ago - The Guardian