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Telstra Corporation Ltd (TLSYY.PK)

TLSYY.PK on OTC Markets Group

16.70USD
26 May 2017
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$-0.09 (-0.51%)
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Latest Key Developments (Source: Significant Developments)

ACCC finalises regulation of non-NBN high-speed internet services
Thursday, 25 May 2017 07:45pm EDT 

May 26 (Reuters) - Australian Competition and Consumer Commission :finalises regulation of non-NBN high-speed internet.Has finalised its decision on the regulation of high-speed internet services supplied by non-nbn fixed line networks.ACCC has permitted non-nbn networks to pass on government's proposed regional broadband scheme (rbs) charge on their customer lines.ACCC says very small providers of some high-speed internet services (supplying less than 12,000 customers) will not be regulated under this decision.decision sets wholesale prices and other terms and conditions that are expected to provide customers with a larger number of retailers to choose from.consistent with our draft decision, the prices have been set in line with nbn prices and will change with nbn prices over time.Accc says final decision exempts SBAS (but not LBAS) providers supplying up to 12,000 end users from all wholesale access obligations.has permitted non-nbn networks to pass on government's proposed regional broadband scheme charge on their customer lines.consistent with draft decision, the prices have been set in line with nbn prices.Accc- initial prices for providers other than telstra will be $27.00 per port per month plus between $8.00 and $17.50 per mbps per month for aggregation.Telstra’s fibre network prices for 2017-18 are $16.03 per port per month (zone 1) and $21.10 per port per month (zone 2) and $29.27 per mbps per month for aggregation.  Full Article

Vita Group responds to Telstra remuneration reductions
Wednesday, 17 May 2017 01:02am EDT 

May 17 (Reuters) - Vita Group Ltd -:Vita group responds to Telstra remuneration reductions.From 1 July 2017, Telstra intends to reduce remuneration by approximately 10 per cent.Telstra also announced an intent to reduce remuneration by a further 10 per cent at start of each of FY19 and FY20."We are concerned about extent of these changes and are currently addressing these concerns with Telstra".  Full Article

Telstra comments on ACCC draft decision on mobile roaming
Thursday, 4 May 2017 09:06pm EDT 

May 5 (Reuters) - Telstra Corporation Ltd :Telstra welcomes ACCC draft decision on mobile roaming-tls.ax."if this decision is confirmed we will immediately move to expand our 4g coverage to reach 99% of population by later this year".about 600 base stations will be upgraded from 3g to 4g giving australian population access to a world leading 4g network."expect to see up to $1 billion of investment flow to small towns and regional centres across country over next five years".  Full Article

Telstra announces A$1 bln bond issue
Thursday, 6 Apr 2017 01:56am EDT 

Telstra Corporation Ltd : Telstra announces aud 1.0 billion bond issue .Has priced an a$1 billion bond issue under its debt issuance program offering circular dated 31 march 2017.  Full Article

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

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BRIEF-Vita Group responds to Telstra remuneration reductions

* From 1 July 2017, Telstra intends to reduce remuneration by approximately 10 per cent