Telstra spending up on mobile network

Livewire Equities


In his maiden speech as Telstra CEO, Mr Andrew Penn reaffirmed his (and Telstra's) commitment to customer service and to continue to have "the best telecommunications networks in Australia". Telstra's investment in the unregulated mobile network will be increased and this should, in our view, help Telstra (TLS) maintain mobile network supremacy (albeit with higher capital requirements). Peers have increased their spend but TLS is spending nearly double to retain mobile network supremacy, which should help defend its impressive market share. Read the full post including the current investment view on Telstra: (VIEW LINK)

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