Spent some time with Telstra last week.

Thought I might share some insight, I believe (hope) all of the below is public information, but thought I would summarize in the one place.

Disclosure: I am heavily involved in Telco but do not invest in the sector

Telstra, have finalized and organized the management teams of the three new divisions and the edges have been sharpened. They are also waking up form covid and finally returning to work, albeit slowly.

We have Andy stepping down and Vicky tacking over. It would seem she is highly motivated to continue the current trajectory.

Fiber

They have there new dark fiber offering, this is the first time this has been made available.

They are completing a complete new duel fiber run nation wide (due for release 2025). This new fiber is specifically designed, it is ultra fast with less repeaters. It may even prove quick enough for us to remove expensive datacenters in Perth for real time applications. More importantly. As is the case now, Telstra will be clipping the ticket of most Telco's to use it.

And price incentives for ethernet/fiber to premises has been extended to continue to compete with market share from NBN Co

Telstra Home

I think they have realized that perhaps they are loosing some of this market share of loyal "Telstra Home Users" we saw -

the acquisition of Fetch.

Teaming up with security vendors

And again heading for the new year software and security integration into many new products

There is also a lot of development into gadgets and IOT in the pipeline.

Towers

We have the new arrangement with TPG for spectrum space.

Wholesalers are about to get access to the 5G spectrum

Other Business

The are back in the DC space (after leaving many years ago).

Heaps of IOT and GPS tracking ideas/devices/wholesale.

Most of the copper has now been removed from the ducts. There is a lot of real-estate here and Telstra is keen to rent it.

That's about the crux of it, feel free to msg me for any in depth info, happy to share what I can.

Ultimately the wheels are still grinding away there at Telstra. Although they are harder to turn than the titanic and have the reputation of @$$% they are still a formidable company in this space. And remember if investing in this sector, Telstra is clipping the ticket of every telco.