Edition:
United States

Telstra Corporation Ltd (TLSYY.PK)

TLSYY.PK on OTC Markets Group

17.63USD
12:32pm EDT
Change (% chg)

$0.02 (+0.11%)
Prev Close
$17.61
Open
$17.71
Day's High
$17.71
Day's Low
$17.60
Volume
16,540
Avg. Vol
99,563
52-wk High
$22.04
52-wk Low
$17.19

Latest Key Developments (Source: Significant Developments)

Telstra sells remaining stake in Autohome to Ping An Insurance Group
Wednesday, 22 Feb 2017 04:15pm EST 

Telstra Corporation Ltd : Telstra sells remaining stake in Autohome . Telstra has sold its remaining 6.5 per cent interest in chinese online business Autohome to Ping An Insurance Group . Telstra's nominee director to autohome board has resigned . Deal for us$217 million (A$282 million based on current exchange rates) .Sale price of US$29.30 per share.  Full Article

Telstra Corporation announces Robyn Denholm as new COO
Sunday, 4 Dec 2016 08:22pm EST 

Telstra Corporation Ltd :Telstra announces Robyn Denholm as new chief operations officer.  Full Article

Telstra Corp issues outlook update
Friday, 18 Nov 2016 12:20am EST 

Telstra Corporation Ltd : "Estimate that migration associated with moving to NBN will be approximately 20 per cent of total receipts" . "Will review our long-term CAPEX requirements" . "Targeting aggregate run rate benefits in excess of $500 million per annum in EBIDA fully realised by FY21" . "Providing a target of more than $1 billion net reduction in our underlying core fixed costs by FY 21" . Projects investment of more than $1 billion dollars in regional Australia and remote coverage over next four to five years . "For FY 17, difference between our reported and underlying costs will include $300 - $500 million of restructuring costs" ."CAPEX-to-sales will be around 18 per cent over next three years".  Full Article

Technicolor chosen by Telstra to develop two new home gateways
Thursday, 17 Nov 2016 12:30pm EST 

Technicolor SA :Telstra has chosen technicolor to develop two new home gateways designed to deliver improved broadband and wi-fi experiences for Telstra customers.  Full Article

Telstra updates shareholders on off-market share buy-back
Sunday, 2 Oct 2016 03:35pm EDT 

Telstra Corporation Ltd : Market price for the buy-back tender has been determined to be $5.1482 .On Aug 11, Telstra announced it would return approximately $1.5 billion of capital to shareholders through a $1.25 billion off-market share buy-back.  Full Article

Telstra Corporation responds to ACCC mobile roaming declaration inquiry
Sunday, 4 Sep 2016 07:35pm EDT 

Telstra Corporation Ltd : Telstra response to accc Mobile roaming declaration inquiry . "We must now consider the implications of potential roaming regulation for our investment plans" .  Full Article

Telstra Corporation announces buy-back of $1.25 billion shares
Tuesday, 23 Aug 2016 06:36pm EDT 

Telstra Corporation Ltd : Telstra off-market share buy-back . Do not expect that potential franking debits arising from buy-back tender will adversely impact ability to continue to fully frank future ordinary dividends . Announces off-market buy-back of up to approximately $1.25 billion worth of Telstra ordinary shares . Announces on-market buy-back of $250 million to be conducted after the completion of the buy-back tender .  Full Article

Now Corp Updates on clarification of news article "Now telecom want to challenge pldt,Globe"
Thursday, 11 Aug 2016 01:50am EDT 

Now Corp : Cannot confirm the contents of the news article that was posted in the standard (internet edition) on 10 August 2016 . Confirms it was in talks with Telstra Corp and other foreign submarine cable providers to increase its broadband bandwidth . Updates on clarification of news article "Now telecom want to challenge pldt, Globe" dated 10 August 2016 . Source (http://bit.ly/2b0niCh) ((Further company coverage: [NOW.PS])) ((Bangalore.newsroom@thomsonreuters.com)).  Full Article

Telstra Corp expects FY 2017 NAS revenue to grow above market rates
Wednesday, 10 Aug 2016 06:43pm EDT 

Telstra Corporation Ltd : Says "expect FY 2017 nas revenue to grow above market rates" . FY 2017 income and EBITDA growth on reported and guidance basis will be impacted by the wholesale pricing decisions implemented in FY 2016" .  Full Article

Telstra announces $1.5 billion buy back
Wednesday, 10 Aug 2016 05:54pm EDT 

Telstra Corporation Ltd : Telstra FY 2016 results, announces $1.5 billion buy backs . Confirmed it would invest an extra $3 billion over next three years in networks of the future and digitisation . "Following network disruptions in H2 of FY 2016, we continue to implement recommendations from our core network and it system review" . Buy-backs are expected to be funded from telstra's surplus cash and accumulated profits .  Full Article

More From Around the Web

Australian shares slide further, Telstra slumps; NZ dips

March 1 Australian shares fell for a fifth-straight day on Wednesday, pulled down by materials and telecom stocks with Telstra Corp Ltd slumping after going ex-dividend, as investors awaited U.S. President Donald Trump's address to Congress.