The
Telstra Corporation Ltd(ASX: TLS) share price has had an interesting week. Telstra shares started Monday off at a price of $3.42 a share. But by Wednesday, those same shares dipped to as low as $3.32, a fall of more than 3% from Monday’s level. By the end of the week, we saw Telstra return to a share price of $3.40.
That was despite some interesting developments along the way. On Thursday, we discussed how Pengana Capital holds Telstra shares as its biggest holding. As my Fool colleague Tony reported, Pengana Capital chief investment officer Rhett Kessler has Telstra “as just under 8% of our portfolio”. Why? Mr Kessler stated that Pengana likes the telco because “when you buy Telstra shares, you’re buying the best mobile phone network in the country. And you’re buying a really nice inflation-protection bond from the government”.
atulpmrApril 24, 2021
Persistence Market Research projects –
The future of global telecommunication industry will witness higher adoption of complex information systems which will facilitate speedy data convergence
System integrators will play a key role in compiling information emanating from multiple and advanced telecommunication network standards
Integration of business support systems (BSS) and operation support systems (OSS) will boost the support for end-to-end telecommunication services and bring forth some improved customer management solutions
Owing to rising urban population, growing strength of telecom networks, brimming data transference, and deployment of advanced technologies, the demand for system integration in telecommunication continues to surge in regions namely, Asia-Pacific, Latin America, Europe, Middle East and Africa. A latest study published by Persistence Market Research has estimated that the market for system integration in telecommunications acros
Telstra (ASX:TLS) share price on watch after 5G update
James Mickleboro | April 23, 2021 9:13am |
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The
This follows the release of an announcement relating to its 5G leadership position.
What did Telstra announce?
This morning the telco giant announced that it has secured 1000 MHz in the 26 GHz spectrum auction.
According to the release, Telstra is investing $277 million for this additional spectrum, which it expects to further extend its leadership in 5G now and into the future. The company advised that it will be paying for the spectrum in five equal annual instalments.
Positively, Telstra revealed that it secured the spectrum in all major capital cities and regional areas where it was sold.
AMP (ASX:AMP) share price charges higher on demerger plans
James Mickleboro | April 23, 2021 10:10am |
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AMP Ltd(ASX: AMP) share price is pushing higher on Friday morning.
At the time of writing, the financial services company’s shares are up 3% to $1.16.
Why is the AMP share price pushing higher?
Investors have been buying AMP shares after it followed in the footsteps of
According to the release, the company intends to pursue a demerger of AMP Capital’s Private Markets business of infrastructure equity, infrastructure debt and real estate.
Management explained that the proposed demerger follows a decision by the AMP Board to conclude discussions with Ares Management Corporation regarding a potential sale of Private Markets.
The Kogan share price fell around 14% today after giving a business update.
For the three months to 31 March 2021, gross sales went up 47% and revenue rose by more than 65%. Gross profit grew by more than 54% and adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) fell by 24%. Kogan active customers went up by 77% to 3.22 million.
The ASX 200 share said that it has continued its long-term strategy of investing in technology, brand awareness, logistics capability, platform improvements and Kogan First membership benefits to lay the foundation for future growth and provide ongoing improvements in the customer experience.
However, in the period to March 2021, customer demand fluctuated below the levels seen in the prior nine months to December 2020. As a result, the company was required to store larger amount of inventory, after ordering a high level of product in reaction to the demand seen in the first half of the financial year. This resulted in high sto