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Company News Summary

Telstra Announces T25 Strategy to Deliver Growth, Exceptional Customer Experiences, and Continued Network and Tech Leadership

16 Sep 2021  |  08:26:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Telstra's T25 Strategy

Telstra announced its T25 strategy to accelerate growth, enhance customer experiences through predictive analytics and localised support, and capitalise on permanent shifts in how people work and live. 5G network coverage to be extended to 95 per cent of population. Regional coverage to be expanded with 100,000 sq km of new 4G and 5G coverage. Greater access to towers assets with 250 new towers and 700 additional tenancies. It will deliver on its ambition of increasing underlying ROIC to around 8% by FY 2023, mid-single digit underlying EBITDA and high-teens EPS CAGR from FY 2021 to FY 2025.

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