Telstra (TLS) investor relations material

Strategic overview and infrastructure investments

• Announced the Connected Future strategy and shared FY25 financial results, emphasizing a focus on connectivity and digital infrastructure.

• Operates Australia's largest and most reliable mobile network, with 25 million retail mobile services and 265 stores nationwide.

• Expanded 5G coverage to 95% of the population and reached 3 million square kilometers of mobile coverage.

• Invested $12.4 billion in mobile networks over seven years, with $4.7 billion directed to regional areas.

• Committed an additional $800 million over four years to extend network leadership and deliver advanced 5G experiences.

Technology, customer experience, and security

• Launched Australia's first satellite-to-mobile text messaging product, connecting 90,000 devices daily.

• Formed a joint venture with Accenture to accelerate the data and AI roadmap.

• Upgraded over 800 sites with batteries, solar generators, and improved monitoring for greater resilience.

• Achieved a 15-point improvement in episode NPS and reduced customer complaints by over 70% since FY21.

• Expanded scam protection initiatives, including partnerships and new alert systems to block millions of scam communications.

Financial guidance and capital management

• Introduced new cash earnings metrics under the Connected Future 30 strategy, focusing on underlying EBITDA after lease amortization.

• FY26 cash EBIT guidance set at $4.55–$4.75 billion, implying 5.5–10% growth over FY25.

• BAU CapEx guidance of $3.2–$3.5 billion and strategic investment of $300–$500 million for inner city fiber rollout.

• Long-term value to be driven by core business cash flow growth, disciplined investment management, and capital management including buybacks.

• Maintains a strong balance sheet with EBITDA to net debt at 1.9, providing flexibility for both investment and buybacks.