InfraCo is still a key part of Telstra’s business strategy and they’re making major investments in infrastructure.
Telstra will upgrade its huge network of submarine cables. The overhaul will increase the capacity of the lines and allow Telstra to carry half as much data again, as they do now. Helping to secure Telstra’s position as the largest network of subsea cables in the Asia Pacific region.
High quality subsea cables are essential because they link Telstra Australia to the rest of the world.
In recent years Telstra has been making “lower lows & lower highs”, reflected in the Algo Engine sell conditions. We feel 2019 will produce the first “buy signal” in over 2 years.