Telstra has made major AI investments, but its share price (SP) reaction has been mixed:
$700 Million AI Investment: Telstra announced a $700 million AI deployment in partnership with Accenture, aiming to streamline operations and improve efficiency.
Market Reaction: Despite the announcement, Telstra’s share price dipped as investors questioned the immediate financial impact of the AI strategy.
Leadership Changes: Telstra InfraCo CEO Brendon Riley is retiring, with Microsoft ANZ Managing Director Steven Worrall stepping in. His AI expertise could influence Telstra’s future direction.
Long-Term Outlook: Analysts suggest that while AI could enhance Telstra’s efficiency, its short-term impact on earnings is unclear. The stock has remained stable, hovering around the $4.50 mark.
Telstra’s AI push is strategic, but investors seem to be waiting for tangible results before reacting positively.
Telstra has made major AI investments, but its share price (SP)...
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$4.89 |
Change
-0.010(0.20%) |
Mkt cap ! $55.84B | |||
| Open | High | Low | Value | Volume |
| $4.89 | $4.91 | $4.86 | $126.3M | 25.89M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17992 | $4.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.89 | 99033 | 2 |
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| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| TLS (ASX) Chart |