Tls's infraco asset valuation relies on nbn profitability/business model .
The increase in nbn competition directly devalues infraco.
NBN is coming under pressure by these business/govt fibre networks tls,hyperone and MAQ are establishing.The nbn is not protected from these networks by the accc/acma.
NBN may try to compete in the business/govt sector but imo they have no chance so imo will lose that fibre business to above networks.
Tls should waste no time divesting 49% of infraco because imo only the value of infraco will drop as nbn competition grows.Not to mention infraco makes little if any profit even after $1b nbn lease .
ps MAQ imo has 5g covered,challenge aquisition for remote/rural optus for local.
All connectivity must be taken into account when talking about this high margin govt/business fibre.including the critical vocus starlink agreement.
Tls has the $1b mobile dod contract because of their coverage but clearly besides coverage the dod reqards tls contract delivery and contract pricing as poor regarding original contract over budget and 8 months late.
Sugar coat tls all u like but it requires new management asap..
Outperform market, page-80
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Last
$3.70 |
Change
0.030(0.82%) |
Mkt cap ! $42.75B | |||
| Open | High | Low | Value | Volume |
| $3.67 | $3.72 | $3.66 | $77.20M | 20.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 199823 | $3.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.71 | 829839 | 9 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |