FINWIRES · TerminalLIVE
FINWIRES

ASX:TLS

10 stories mentioning ASX:TLS

Every FINWIRES story that references ASX:TLS, newest first.

Asia

Telstra Group Shares Slide After Blockbuster SpaceX Trading Debut

Telstra Group (ASX:TLS) shares fell nearly 2% in recent Monday trade after American aerospace manufacturer and space transportation company SpaceX made a blockbuster debut on Nasdaq.SpaceX started trading on June 12 and closed the day with a market capitalization of above $2 trillion as the shares gained more than 19% in their debut.Telstra is a SpaceX partner as it resells Starlink services, but Starlink's direct-to-cell capabilities and broadband offerings are also in direct competition with Telstra's traditional terrestrial networks. Some traders are betting that Telstra will see disruption from SpaceX, the Australian Financial Review reported on Sunday.

ASX:TLS
Asia

ASX Preview: Australian Shares Set to Rise After US-Iran Peace Deal; Atlas Arteria Says IFM Global Unit Raises Takeover Offer

Australian shares are poised to rise on Monday after US and Iranian officials agreed to a peace framework to end their conflict and reopen the Strait of Hormuz, triggering a sharp drop in oil prices and lifting global risk sentiment.On June 12, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average rose 0.5%, 0.3%, and 0.7%, respectively.In the macroeconomy, investors are eyeing the Reserve Bank of Australia's interest rate decision on Tuesday.In corporate news, Atlas Arteria (ASX:ALX) said IFM Global Infrastructure Fund subsidiary Diamond Infraco 1 has increased its takeover offer to AU$5.10 per security from AU$4.75 and declared it "best and final."ASX (ASX:ASX) has settled Federal Court proceedings with the Australian Securities and Investments Commission (ASIC) over misleading 2022 statements about its Chess replacement project, admitting a breach of the ASIC Act and agreeing to pay AU$20.5 million in penalties plus AU$3 million in legal costs, subject to court approval.Telstra Group (ASX:TLS) is in focus as investors weigh its outlook after SpaceX's June 12 listing.Australia's benchmark index rose nearly 2% or 170.8 points to close at 8,804 on June 12.

ASX 200ASX:ALXASX:ASXASX:TLS
Asia

ASX Most Active Stocks

Here are the five most actively traded big-cap stocks on the Australian Securities Exchange on Tuesday.Arafura Rare Earths (ASX:ARU): 41.2 million sharesPredictive Discovery (ASX:PDI): 37.4 million sharesTabcorp Holdings (ASX:TAH): 13.8 million sharesTelstra Group (ASX:TLS): 8.9 million sharesLindian Resources (ASX:LIN): 7.7 million shares

ASX 200ASX:ARUASX:LINASX:PDIASX:TAHASX:TLS
Asia

Telstra's Potential Bundling Of Mobile, NBN Services Could Limit Aussie Broadband, Superloop Market Share Gains, Jarden Says

Any further changes to Telstra Group's (ASX:TLS) core National Broadband Network (NBN) offering might represent upside or downside risk to the base case for Aussie Broadband (ASX:ABB), with any bundling of mobile and NBN services or modem unbundling, potentially limiting Telstra's share losses and thus market share gains for Aussie Broadband and Superloop (ASX:SLC), according to a Thursday note by Jarden.If any increase in the competitive intensity in the mobile segment occurs, continued pressure on competitor balance sheets as a result of reinvestment requirements may provide Telstra with the ability to increase prices by more than forecast while benefiting from its scale and network superiority.The Origin contract is a material contributor to Superloop's long-term earnings, and the loss of this contract would represent a material downside to the analyst's base case.With continued marketing investment after the MOCN deal, if TPG Telecom (ASX:TPG) is able to materially accelerate net new mobile customer adoption, this would represent upside risk to the analysts' forecasts.However, TPG is not in a position to lead the market and is likely to follow competitor leads on pricing in the mobile segment.New technologies such as 6G mobile or edge computing may require significant capital outlays.Jarden assigned Aussie Broadband a neutral rating with a price target of AU$5.50 per share, Superloop a buy rating and a price target of AU$3.40 per share, Telstra a neutral rating with a AU$5.05 per share price target, and TPG Telecom an overweight rating with a AU$4.30 per share price target.

ASX:ABBASX:SLCASX:TLSASX:TPG
Asia

Telstra Group's Fiscal 2027 NBN Price Increases to Broadly Offset Broadband COGS Inflation, Jarden Says

Telstra Group's (ASX:TLS) fiscal year 2027 National Broadband Network (NBN) price rises will broadly offset its broadband cost of goods sold (COGS) inflation and set a price ceiling that is estimated to pinch Aussie Broadband's (ASX:ABB) and Superloop's (ASX:SLC) margin into the next fiscal year, Jarden said in a note on Friday.NBN wholesale prices will rise 3% to 5% across the five core retail tiers from July 1. It is estimated that Telstra's NBN reseller gross profit will be broadly flat into fiscal year 2027 at the headline level.On Aussie Broadband, the analysts consider price increases across the entirety of their base as unlikely, leading into fiscal 2027. For Superloop, its relative discount at higher speeds provides sufficient headroom to push COGS increases fully through its retail book, though it views headline price increases on the 500 megabits-per-second plan as unlikely.Jarden assigned Aussie Broadband a rating of neutral with a price target of AU$5.50 per share, Superloop a buy rating and a price target of AU$3.40 per share, and Telstra a neutral rating with a price target of AU$5.05 per share.

ASX:ABBASX:SLCASX:TLS
Japan

ASX Midday Sector Update: Materials Stocks Rise, Communications Services Sector Falls

Materials stocks advanced nearly 2% at midday Friday.BHP Group (ASX:BHP) shares were up almost 2% in recent trade.Meanwhile, the communications services sector struggled, shedding more than 1%.Shares of Telstra Group (ASX:TLS) fell past 1% in recent trade.

ASX 200ASX:BHPASX:TLS
Asia

ASX Biggest Losers

Here are the ASX-listed companies with the biggest losses.Insurance Australia Group (ASX:IAG): -4%, AU$7.82Block (ASX:XYZ): -3%, AU$96.49Xero (ASX:XRO): -2%, AU$74.65Wisetech Global (ASX:WTC): -1%, AU$37.11Goodman Group (ASX:GMG): -1%, AU$30.44Origin Energy (ASX:ORG): -1%, AU$10.95Telstra Group (ASX:TLS): -1%, AU$5.39APA Group (ASX:APA): -1%, AU$10.20QBE Insurance Group (ASX:QBE): -1%, AU$23.65Meridian Energy (ASX:MEZ): -1%, AU$4.81

ASX 200ASX:APAASX:GMGASX:IAGASX:MEZASX:ORGASX:QBEASX:TLSASX:WTCASX:XROASX:XYZ
Asia

ASX Most Active Stocks

Here are the five most actively traded big-cap stocks on the Australian Securities Exchange on Friday.Arafura Rare Earths (ASX:ARU): 80.5 million sharesPredictive Discovery (ASX:PDI): 11.8 million sharesTelstra Group (ASX:TLS): 9.2 million sharesSantos (ASX:STO): 8.2 million sharesSigma Healthcare (ASX:SIG): 7.2 million shares

ASX 200ASX:ARUASX:PDIASX:SIGASX:STOASX:TLS
Asia

ACMA Sets AU$7.32 Billion Market Value for Renewal of Spectrum Licenses Held by Telstra, TPG, Others

The Australian Communications and Media Authority (ACMA) on Wednesday set the total market value for the renewal of expiring spectrum licenses at AU$7.32 billion, slightly lower than a preliminary estimate of AU$7.34 billion released in December 2025.The licenses, held by Telstra Group (ASX:TLS), TPG Telecom (ASX:TPG), Optus, and NBN, support fixed wireless broadband and more than 30 million mobile services across Australia.The updated pricing follows public consultation and refinements to ACMA's benchmarking methodology, including additional datasets. The first renewal application periods open on June 18 for the 850 megahertz and 1800 megahertz bands."The evidence shows mobile operators will see increasing revenue over the medium term, enabling continued investment in their networks in metropolitan, regional and rural areas," ACMA said.

ASX:TLSASX:TPG
Asia

Alcidion Group to Acquire Kyra Flow Products From Telstra Health; Shares Up 6%

Alcidion Group (ASX:ALC) agreed to acquire the business and assets of Kyra Patient Flow Manager, Kyra Queue Manager, and Kyra IQ from Telstra Health, a subsidiary of Telstra Group (ASX:TLS), according to a Monday filing with the Australian bourse.The transaction involves a AU$3 million upfront payment and up to AU$1 million earn-out payment, subject to recurring revenue metrics, assessed over 12 months after completion, the filing said.Completion is expected to take place by the end of June, subject to the satisfaction of closing conditions, per the filing.Alcidion Group shares rose 6% in midday trade Monday.

ASX:ALCASX:TLS