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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.
I’m calling Telstra Group Ltd (ASX: TLS) shares a buy for 2025 for a few different factors. Let me explain why.
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The Telstra Group Ltd (ASX:TLS) share price is under the spotlight after the company reported its FY24 result.
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The Telstra Group Ltd (ASX:TLS) share price is up 2% after the telco announced it would be increasing mobile prices for consumers.
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The Telstra Group Ltd (ASX:TLS) share price is down 2% after the company announced potential job cuts and FY25 guidance.
Telstra Group Ltd (ASX:TLS) shares represent a top-quality blue-chip share. I think this could be the right time to invest.