1. My comments directly above, re Morgan Stanley in final...

1. My comments directly above, re Morgan Stanley in final paragraphs, had a typo. It was revealed publicly in the media, c. a month after the hack, that 10% of Optus customers had quit Optus- not, of course, that this whole 10% who left by 31.10.22 had all switched to TLS (& a further 56% of Optus customers, according to the survey, were considering quitting Optus).




2. msn.com 16.10.22 J. Mickleboro said

Goldman Sachs "has responded positively to the Telstra result, noting that its revenue and earnings were ahead of its estimates. It commented:

Telstra has reported 1H23 Revenue/EBITDA/NPAT of A$11.6bn/A$3.9bn/A$935mn, which was +2%/+1%/+4% vs. our estimates. Telstraâs gearing increased to 1.9X at 1H23 (1.8X at FY22, comfort band 1.5-2X), given a working capital build drove softer FCF (-39% vs. PcP). An interim dividend of 8.5¢ps was declared, inline with our estimate of 8.5¢ps, (representing 105% of EPS Excl. one-offs and 139% of FCF, noting typical 2H FCF skew).

Looking ahead, the broker believes that Telstra is tracking towards the upper end of its earnings guidance for FY 2023.

Despite Telstra re-iterating FY23/T25 guidance, we believe that based on annualising 1H23 underlying EBITDA, and the stronger (sequentially mobile and NAS businesses, the full year result is tracking above the mid-point of its $7.8-8.0bn range.

Goldman currently has a buy rating and $4.60 price target on Telstraâs shares".

https://www.msn.com/en-au/lifestyle/misc/telstra-share-price-higher-on-half-year-revenue-and-earnings-beat/ar-AA17xv6i