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Telstra Group (TLS) investor relations material
Telstra Group Deutsche Bank Virtual Investor Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategy and customer experience
Connected Future 30 began in FY26, targeting the number one choice for connectivity in Australia through customer engagement, network as a product and digital infrastructure.
FY26 digital upgrades added AI-powered assistant and self-service features plus AI search; all consumer customers moved to the new digital platform, supporting satisfaction, customer growth and lower service costs.
Over five years, mobile network investment exceeded AUD 9.5 billion, including AUD 3.8 billion in regional areas; nearly 1,200 sites received 5G Advanced upgrades in FY26.
Satellite mobile text messaging launched in June 2025 and later expanded to select apps; satellite and terrestrial networks are viewed as complementary.
Digital infrastructure
Aura Network was around two-thirds built, with more than 9,000 km of fiber in the ground and six routes ready for service; Google, AWS, Firmus and Microsoft signed long-term contracts across infrastructure assets.
Strategic Aura Network and Viasat investment is expected to total around AUD 1.8 billion from FY23 to FY28; Aura's sales pipeline rose significantly in the six months to June 2026, supporting expected mid-teens IRR and ~9-year cash payback.
FY26 subsea capacity expanded through Google and Keppel partnerships, and construction of eight satellite ground stations was completed.
NBN infrastructure income exceeds AUD 1.1 billion p.a.; government-backed, recurring and CPI-indexed for a remaining average contract period of 21 years.
Industry and regulation
LEO satellite services extend connectivity beyond terrestrial coverage outdoors with direct sky visibility; early partnerships and capability-building provide strategic optionality.
Regulatory engagement covers the proposed Universal Outdoor Mobile Obligation, satellite spectrum and the Mobile Services Inquiry, supporting customer outcomes and competition while preserving investment incentives, innovation and resilience.
- Cash EPS rose 14% as network resilience and digital infrastructure plans advanced.TLS
AGM 2026 - FY26 earnings and capital returns grew as network investment advanced and outage risks persisted.TLS
H2 2026 - Earnings, cash flow, and dividends rose, supported by cost control and digital investment.TLS
H1 2026 - EBITDA and NPAT rose, dividends increased, and major investments in 5G and AI were announced.TLS
AGM 2025 - Double-digit EBITDA and profit growth, higher dividends, and new $1b buyback announced.TLS
H2 2025 - EBITDA and dividends rose, digital investment advanced, and all AGM resolutions were approved.TLS
AGM 2024 - Underlying EBITDA up 3.7% to $8.2b, with strong mobile growth and higher FY25 guidance.TLS
H2 2024 - Aims for leadership in connectivity, digital infrastructure, and sustainability by 2030.TLS
Investor Day 2025 - EBITDA up 6%, NPAT up 7.1%, with higher dividend and $750M share buy-back announced.TLS
H1 2025
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