Telstra Group Limited·Communication Services

Telstra Group Limited (TLGPY) Q2 2026 Earnings Call Transcript

Australia's Telstra Group on Thursday posted a 9.4% rise in its half-year profit, supported by steady contributions from its mobile business, while cost-cutting initiatives further boosted the company's bottom line.

Telstra Group Limited (OTCMKTS:TLGPY - Get Free Report)'s share price rose 0.6% during mid-day trading on Thursday. The stock traded as high as $16.1750 and last traded at $16.17. Approximately 63,105 shares changed hands during trading, an increase of 49% from the average daily volume of 42,250 shares. The stock had previously closed at
Telstra Group Limited provides telecommunications and information services to businesses, governments, and individuals in Australia and internationally. It operates in four segments: Telstra Consumer and Small Business, Telstra Enterprise, Networks and IT, and Telstra InfraCo. The company offers telecommunication, media and technology products and services in Australia using mobile and fixed network technologies, as well as operates call centers, retail stores, a dealership network, digital channels, distribution systems and Telstra Plus customer loyalty program. It also provides network capacity and management, unified communications, cloud, security, industry solutions, integrated and monitoring services to government and large enterprise and business customers; wholesale services, including voice and data; and telecommunication products and services to other carriers, carriage service providers, and internet service providers, as well as builds and manages digital platforms. In addition, the company operates the fixed passive network infrastructure, including data centers, exchanges, poles, ducts, pits and pipes, and fiber network; provides wholesale customers with access to network infrastructure; provides long-term access to components of infrastructure under the infrastructure services agreement; designs and constructs fiber, exchanges, and other infrastructure; and operates the passive and physical mobile tower assets owned or operated by the Amplitel Pty Ltd. The company was formerly known as Telstra Corporation Limited and changed its name to Telstra Group Limited in November 2022. Telstra Group Limited was founded in 1901 and is based in Melbourne, Australia.
Communication Services
Telecommunications Services
31,876
1997-11-20
0.14