Telstra Corporation Ltd (ASX:TLS) is our country’s oldest telecommunications business, having built the first telegraph line in 1854. In 2019, it provides more than 17 million retail mobile services, around 5 million retail fixed voice services (e.g. home phones) and 3.6 million broadband services. Telstra also has operations in eHealth, network applications and subsea cabling.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is up by 0.90% at lunch.
Telstra Corporation Ltd (ASX:TLS) reported its half-year financial results to the ASX this morning revealing a 5% fall in profit.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open higher on Thursday.
MNF Group Ltd (ASX:MNF) shares fell 14% early Tuesday morning, despite releasing its half year profit result to the ASX.
Telstra Corporation Ltd (ASX:TLS) shares weighed on Australia’s S&P/ASX 200 (INDEXASX:XJO) (ASX:XJO) on Monday.
The ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index fell 1% on Friday, as the Telstra Corporation Ltd (ASX:TLS) share price slipped 2%.
The ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index slumped 3.2% on Tuesday, following Commonwealth Bank of Australia (ASX:CBA) and BHP Billiton Limited (ASX:BHP) shares lower.
Wesfarmers Ltd (ASX:WES) shares closed 4.5% lower on Monday, weighing on the ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has plunged at lunch. It has fallen by 1.28% so far.
