Page 7 - Telstra Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Stuart Condie SYDNEY--Telstra raised its dividend after first-half earnings improved by 3.8%, helped by a large increase in the number of users on its...

(Reuters) -Australia's top telecom firm Telstra Group trimmed the upper end of its operating earnings forecast for fiscal 2024 on Thursday even as it reported an 11% jump in its first-half profit due to strong performance across its businesses. The company now expects underlying operating earnings for the year of A$8.2 billion ($5.32 billion) to A$8.3 billion, compared with the prior range of A$8.2 billion to A$8.4 billion, citing weak performance in its network applications and services (NAS) segment as business customers make fewer traditional voice calls. The Melbourne-based firm...

Ava Risk Group has signed a Telstra supply agreement (TSA) where its sensing technology will be deployed to the telco’s existing fibre network to detect events and provide appropriate classification and reporting.

Commonwealth Bank of Australia, Wesfarmers Ltd. and Telstra Group Ltd. will offer a broad snapshot of how Australian companies are faring in an environment of high interest rates when they report earnings.

Take a look at the buy, hold and sell recommendations for the week of 5th February 2024 from 3 top experts.