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Telstra Corporation Limited ( (AU:TLS) ) has provided an announcement.
Telstra Corporation Limited announced its half-year results, highlighting a strong performance with underlying growth for the fourth consecutive year, driven by business momentum, cost control, and capital management. The company emphasized the importance of AI in its operations, with a joint venture with Accenture to enhance AI capabilities and meet future connectivity demands, positioning Telstra as a leader in AI and digital infrastructure, crucial for Australia’s technological resilience and prosperity.
More about Telstra Corporation Limited
Telstra Corporation Limited is a prominent player in the telecommunications industry, offering a range of services including secure and reliable connectivity, digital infrastructure, and innovative technological solutions. The company is focused on advancing Australia’s telecommunications sector and is actively involved in utilizing transformative technologies like AI to drive productivity, innovation, and growth.
YTD Price Performance: -8.40%
Average Trading Volume: 2,436
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $28.42B
Learn more about TLS stock on TipRanks’ Stock Analysis page.
