Telstra Corporation Ltd (ASX:TLS)

Telecommunication Services

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) share price

Telstra Corporation Ltd (ASX:TLS) share price news

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Daniel Ortisi

Avoiding dividend yield traps – A comprehensive guide to protect your income

There are a lot of yield traps in the share market and understanding yield traps is an important step. Daniel Ortisi of Stock Doctor tells us how to avoid yield traps, with Peter Warren Automotive Holdings Ltd (ASX: PWR), Telstra Group Ltd (ASX: TLS), APA Group (ASX: APA), and Commonwealth Bank of Australia (ASX: CBA) as key examples.

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Tale of 2 telecoms

Telstra Group Ltd (ASX: TLS) gained 5 cents, or 1.3%, to $3.92, after being up 2.3% at one point, as it was perceived as benefiting from the big outage at rival Optus. In Singapore, the shares of Optus’ owner Singapore Telecom were down 5.2% on the news, and finished down 4.8% for the day.

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