Joseph7: "Telstra in my opinion is the best telecommunications company in australia hands down. If you go to rural areas you will get no coverage from other companies."
That's because there's no money in it for other companies.
There's no money in for Telstra either, it's a loss making obligation:
"Telstra has a Universal Service Obligation (USO) to ensure standard telephone services (STS) and payphones are reasonably accessible to all people in Australia on an equitable basis, wherever they work or live."
Also, the urban population is forecast to rise, the rural to drop, so guess where other companies are putting their money.
region / country urban population 2015 rural population 2015 urban population 2025 rural population 2025 1 Australia 21,392,649 2,530,452 24,400,230 2,519,430
Buy in at 5.24, page-21
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Last
$3.96 |
Change
0.010(0.25%) |
Mkt cap ! $45.63B | |||
| Open | High | Low | Value | Volume |
| $3.96 | $3.97 | $3.95 | $9.559M | 2.414M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 381004 | $3.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.96 | 171386 | 32 |
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| Last trade - 10.36am 12/09/2024 (20 minute delay) ? |
| TLS (ASX) Chart |