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Company News Summary

Telstra Corporation Provides Presentation

29 Sep 2021  |  11:49:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: 2021 Telstra Retail Shareholder meeting

Telstra Corporation provided presentation stating that the Company will be expanding regional coverage of 100,000sqkm new coverage by FY25. The Company will maximise full-franked dividend and will seek to grow over time. The Company stated that its 100% of business processes increased/improved using AI by FY25. The Company was planning to increase digitally active customers by 2m, including building digital skills for 500k Australians, by FY25. The Company stated that it will enable renewable energy generation equivalent to 100% of its consumption by 2025. The Company also advised that it will complete migration of C&B customers to the new tech stack by FY22.

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