I think as a long term investor that TLS has got its act together for 2018 with 5g for the games and the big guns.
Mr Penn described the result as a strong performance that delivered against the company's guidance.
Underlying earnings — stripping out one-off items — grew 1 per cent to $3.9 billion, while revenue was up 4 per cent to $28.2 billion.
The fixed-line business continued its long-term decline, with earnings down another 5 per cent, while mobile earnings edged up 0.8 per cent.
The big gains were made in Network Application Services — which includes management services such as cybersecurity and "cloud" systems — with earnings up more than 30 per cent to $3.4 billion.
The media business, including Telstra's stake in Foxtel, grew by 8 per cent to $935 million.
The biggest impact on the result, though, was the growing importance of NBN on the telecommunications landscape.
The one thing I would say is set you share watch list to TLS at $4 and then look at the outcome for the future. Does not matter what I say or predict the future will be what it is. On this not I will say TLS has been there for a long time and look at the sales area in any shopping centre is full of customers.
My last and final point on this is, I have a bundle for $85 with a $20 discount? TLS have now told me this will end in a couple of months. Should I take this as a good sign for profit or move on to YES?
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