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Communication
TPG Reduces Workforce Following Profit Decline
August 30, 2024 12:41 PM AEST| By Team Kalkine MediaTPG Telecom Ltd,(ASX: TPG),is undergoing a significant restructuring in response to financial pressures, including a substantial reduction in its workforce. The company, an,ASX communication stock,, has announced plans to cut 120 jobs, aiming to save...
Telstra (ASX: TLS) and Rea Group (ASX: REA) Shares to Watch
August 29, 2024 06:09 PM AEST| By Team Kalkine MediaIn 2024, the Telstra Group Ltd share price, an,ASX communication stock,, has decreased by 1.8%, while the Rea Group Ltd share price is just 1.2% shy of its 52-week high. This article explores why Telstra and REA shares might be worth monitoring for p...
Aussie Broadband (ASX: ABB) Share Price Increases 7% Following FY24 Results
August 26, 2024 05:57 PM AEST| By Team Kalkine MediaAussie Broadband Ltd,(ASX: ABB),has seen its share price rise by over 7% in response to its impressive FY24 results. The telecommunications company, known for its broadband services to households and businesses, has reported significant financial gro...
Telstra (ASX: TLS) Share Price Spotlight on FY24 Results and 18-Cent Dividend
August 16, 2024 05:28 PM AEST| By Team Kalkine MediaTelstra Group Ltd,(ASX: TLS),has announced its financial results for the fiscal year ending 30 June 2024, showcasing steady growth across various segments. Here are the key highlights from the company's FY24 performance:,- Total Income: Telstra's tot...
Telstra Group's FY 2024 Results Receive Positive Broker Feedback
August 16, 2024 12:02 PM AEST| By Team Kalkine MediaTelstra Group Ltd (ASX:TLS),has garnered a favorable response from the broker community following the release of its FY 2024 results. With analysts reviewing the telco giant's performance, investors are keen to know whether Telstra shares present a b...
Telstra (ASX:TLS) Share Price Rises After Positive FY 2024 Results and Upgraded Guidance
August 15, 2024 12:50 PM AEST| By Team Kalkine MediaShares of Telstra Group Ltd (ASX:TLS) are up nearly 1% to AU$3.90 on Thursday morning, buoyed by the company's impressive financial results for the fiscal year 2024 (FY 2024). Investors are reacting positively to Telstra's strong earnings and optimis...
Seven West Media (ASX: SWM) Reports 33% Decline in FY 2024 Earnings
August 14, 2024 10:09 AM AEST| By Team Kalkine MediaHighlights:,33,% Drop in EBITDA,:,Seven West Media (ASX: SWM) reported a 33% decline in earnings before interest, taxes, depreciation, and amortisation (EBITDA) for FY 2024,,totaling,$187 million, due to a challenging economic environment and rising...
CAR Group (ASX: CAR) Share Price Rises Following Strong FY24 Results
August 12, 2024 05:57 PM AEST| By Team Kalkine MediaCAR Group Ltd,(ASX: CAR),, the operator of Carsales.com and marketplaces in South Korea, the US, Chile, and Brazil, has reported an impressive FY24 result, sending its share price up more than 3%.,FY24 Highlights,For the 12 months ending 30 June 2024...
CAR Group Reports Notable Revenue Increase Despite Profit Decline
August 12, 2024 12:05 PM AEST| By Team Kalkine MediaCAR Group,(ASX: CAR),, a prominent player in the online vehicle marketplace, has reported a notable increase in revenue for the financial year 2024. The company's revenue jumped by a remarkable 41%, reaching $1.099 billion. This significant growth un...
TPG Telecom (ASX:TPG) Shares Surge on Renewed Divestment Talks
August 05, 2024 12:08 PM AEST| By Team Kalkine MediaShares of TPG Telecom (ASX:TPG) experienced a notable rise of up to 2.5%, reaching AU$4.72, following news that the company is rekindling discussions with Macquarie-backed Vocus Group regarding the sale of some of its non-mobile fiber assets. This de...
UBS Forecasts Telstra's (ASX:TLS) EPS to Reach 25 Cents by FY27, Targets 13% Share Price Upside
July 24, 2024 04:36 PM AEST| By Team Kalkine MediaUBS, a prominent brokerage firm, has highlighted Telstra Group Ltd (ASX:TLS) as a compelling investment opportunity for the 2025 financial year, citing the potential for robust combined returns from both share price appreciation and dividends. Telstr...
Telstra (ASX: TLS) Share Price Rises on Mobile Pricing Plan Adjustments
July 09, 2024 01:16 PM AEST| By Team Kalkine MediaInvestors in the ASX 200 are showing optimism towards Telstra Group Ltd (,ASX: TLS,) today, driving its share price up by 2.74% to AU$3.75 in afternoon trade. This surge contrasts with a modest 0.6% gain in the broader ASX 200 index at the same time....
What are targets and strategic initiatives of Telstra Group (ASX: TLS)?
June 28, 2024 04:35 PM AEST| By Team Kalkine MediaThe Telstra Group Ltd (,ASX: TLS,) share price has experienced a significant decline of 16% over the past year. This drop has some investors questioning whether now the right time is to invest in this ASX telco stock. To make an informed decision, it...
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Seven West Media (ASX: SWM) Shares Rise On Corporate Restructuring News
June 26, 2024 03:14 PM AEST| By Team Kalkine MediaShares of Seven West Media (,ASX: SWM,) surged as much as 2.86% to A$0.180 on Wednesday morning, marking a positive response to the company's latest strategic moves. While, at 2:50 PM AEST, it was trading at flat AU$0.175 apiece. The media conglomera...
TPG Telecom (ASX: TPG) Shares Surge on Analyst Upgrade and Network Sharing Agreement with Optus
April 30, 2024 03:23 PM AEST| By Team Kalkine MediaShares of Australian telecommunications giant TPG Telecom (,ASX: TPG,) experienced a significant surgen Tuesday , rising by as much as 3.21% to AU$4.50 apiece , reaching their highest level since March 14.,Analysts at J.P. Morgan upgraded their stock...
TPG Telecom (ASX: TPG) Surges 5% on Regional Network Sharing Deal with Optus
April 29, 2024 04:42 PM AEST| By Team Kalkine MediaTPG Telecom Ltd (,ASX: TPG,) witnessed a 5.31% surge in its share price to AU$4.36 apiece on Monday following the announcement of a significant regional network sharing agreement with Optus. The collaboration aims to establish a regional multi-operat...
Origin Energy (ASX: ORG) sparks volatility in ASX telecommunications stocks
March 14, 2024 06:01 PM AEDT| By Team Kalkine MediaThursday witnessed significant movements in the telecommunications industry, with contrasting fortunes for Superloop Ltd (,ASX: SLC,) and Aussie Broadband Ltd (,ASX: ABB,) shares. The direction of these stocks seemed to hinge on developments involvin...
Aussie Broadband (ASX: ABB) faces setback as Origin Energy (ASX: ORG) terminates wholesale agreement
March 14, 2024 05:53 PM AEDT| By Team Kalkine MediaIn a sudden and significant turn of events, shares of Aussie Broadband (,ASX: ABB,) tumbled by a staggering 18% to AU$3.55 on 14 March 2024, marking what could potentially be their worst day since 2 May 2022. The telecommunications company found its...
Telstra (ASX: TLS) shares present buying opportunity, says Bell Potter
March 13, 2024 05:08 PM AEDT| By Team Kalkine MediaTelstra Group Ltd (,ASX: TLS,) shares have faced a challenging year. Today (13 Mrach 2024), the shares were hovering close to their 52-week low of AU$3.76. However, Bell Potter sees this recent weakness as an advantageous entry point for investors, p...
Telstra (ASX: TLS) Shares on Radar. Deciphering the Why.
February 28, 2024 01:40 PM AEDT| By Team Kalkine MediaIn today's trading scenario, the Telstra Group Ltd (,ASX: TLS,) experiences a marginal gain of 0.53%, with its shares trading at AU$3.77 apiece at 12:53 PM AEDT.,Today is the ex-dividend day for Telstra, marking the settlement of rights to an upcomin...
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