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), has opened in the green by 0.27% at lunch, passing the 6,200 level.
Telstra Corporation Ltd (ASX:TLS) shares barely budged an inch despite announcing a $273 million impairment charge.
The Aussie sharemarket or ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index closed higher on Thursday as Westpac Banking Corp (ASX:WBC) powered ahead.
Australia’s S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) closed lower on Friday, dragged down by Telstra Corporation Ltd (ASX:TLS) and Tabcorp Holdings Ltd (ASX:TAH).
The Australian share market, including the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and All Ordinaries (INDEXASX:XAO)(ASX:XAO), closed higher on Wednesday.
