Business
What to expect from the Telstra (ASX:TLS) first half result
With earnings season on the horizon, I thought I would take a look at what is expected from some of Australia’s most popular companies.
On this occasion, I’m going to take a look at telco giant Telstra Corporation Ltd (ASX: TLS).
What is expected from Telstra in the first half of FY 2021?
According to a note out of Goldman Sachs, it believes 2021 will be a pivotal year for the ANZ telecom sector.
It notes that mobile revenue and earnings growth are set to return in the second half, supported by ongoing rationality. It is expecting further price rises from Optus by July.
In addition, following the completion of the NBN in December, Goldman believes industry fixed earnings will begin to stabilise late in the year.
The broker…
-
General21 hours agoThousands join pro-Palestinian rallies in towns and cities across Australia amid ceasefire
-
General21 hours agoAustralia’s Diamonds defeat South Africa’s Proteas 65-42 in third netball Test
-
General19 hours agoBathurst 1000 quick hits: Chaz Mostert drinks beer with fans, Erebus owner protests, and drama on Mount Panorama
-
Noosa News17 hours agoFatal Traffic Crash, South Bingera