Proactiveinvestors recommends

Additional Information

Market:	ASX
Sector:	Telecommunications
EPIC:	TLS
Latest Price:	3.44 (0.29% )
52-week High:	3.44
52-week Low:	2.60
Market Cap:	42,804.20M

1 year chart

1 day chart

Telstra

Telstra claims it is the only communications company in Australia that can provide customers with a truly integrated telecommunications experience across fixed line, mobiles, broadband (BigPond®), information, transaction and search (Sensis®) and pay TV (FOXTEL).

Telstra boss: NBN decision has no impact

Thursday, December 18, 2008 by Proactive Investors

Telstra CEO Sol Trujillo said this week’s decision by the Expert Panel "has no impact on our overall business strategy and the execution of our transformation plan."

Telstra’s strong fundamentals "are no different today than they were last week before the Expert Panel made its decision."

"Importantly, there is no change to our financial guidance as a result of the Expert Panel’s decision. We continue to execute on our transformation strategy according to plan. With the platforms we already have in place, we will continue to compete and innovate very effectively."

According to Telstra, "Next G, with over 4 million customers, is the world’s largest and fastest wireless national broadband network and will continue to upgrade. Early in 2009, Next G™ will offer peak network speeds of 21Mbps with a clear roadmap to 42Mbps and beyond. Our fixed line broadband network delivers ADSL from exchanges serving 92% of the population, with ADSL2+ providing speeds up to 20Mbps from exchanges that serve 81% of the population."

The telco said in a statement that Next IP™, together with Next G™, is the largest, fully integrated, national IP broadband network in the world.

Telstra was last trading at $3.56.

No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.