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.
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.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has opened in the green by 0.27% at lunch, passing the 6,200 level.
