Nov 12 (Reuters) - Telstra Corporation Ltd (TLS) :
- RECONFIRMS FY21 GUIDANCE
- EXPECT TOTAL ENTERPRISE BUSINESS TO RETURN TO GROWTH IN FY22 AFTER COMBINING MOBILE, DATA & IP, NAS AND INTERNATIONAL
- PROPOSED LEGAL STRUCTURE INCLUDES INFRACO FIXED, WHICH WOULD OWN & OPERATE CO'S PASSIVE/PHYSICAL INFRASTRUCTURE ASSETS
- UPDATED ROIC TARGET ACCORDINGLY TO BE AROUND 8 PERCENT BY FY23
- HAVE PLAN TO IMPROVE FIXED EBITDA AND ARE TARGETING A MID-TEENS NBN RESELLER MARGIN IN FY23
- PROPOSED LEGAL STRUCTURE INCLUDES INFRACO TOWERS, WHICH WOULD OWN & OPERATE CO'S PASSIVE/PHYSICAL MOBILE TOWER ASSETS
- EXPECT OUR TOTAL ENTERPRISE BUSINESS TO RETURN TO GROWTH IN FY22
- ON TRACK TO DELIVER $2.5 BILLION IN NET PRODUCTIVITY BY FY22
- PROPOSED LEGAL STRUCTURE WITHIN TELSTRA GROUP, EXPECTED TO BE COMPLETED BY DECEMBER 2021
- PROPOSED LEGAL STRUCTURE INCLUDES SERVECO, WHICH WOULD OWN RADIO ACCESS NETWORK & SPECTRUM ASSETS
- INTENDS TO START SEEKING INVESTMENT FROM THIRD PARTIES WHILE MAINTAINING CONTROL OF STRATEGIC TOWERS
News: TLS Telstra To Create 3 Legal Entities Within Group, Affirms FY21 Forecast
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