Report
Brian Han
EUR 101.80 For Business Accounts Only

Reassuring Words as Telstra Tries to Connect with Shareholders

Despite current investor animosity towards narrow-moat Telstra, perhaps some credit should be given for how well the group is holding its ground amid unprecedented competitive intensity and the NBN's accelerating rollout. Over the past three years, Telstra has kept its mobile market share at just under 50%, it has maintained its dominant share of the broadband market in the NBN era (52%), and its EBITDA has remained steady at around the AUD 10.7 billion mark. All this has been achieved without p...
Underlying
Telstra Corporation Limited

Telstra is engaged in providing telecommunications and information services for domestic and international customers. Co.'s operating segments are Telstra Retail, Global Enterprise and Services, Telstra Operations, and Telstra Wholesale. As of June 30 2016, Co. provided retail fixed data services to 3.4 million customers, retail fixed voice services to 5.7 million and domestic retail mobile services to 17.2 million customers.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brian Han

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