Telstra – Is 2019 The Year to be a Buyer?

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.

You're not a member!  Trial today!

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.

 

 

Investor Signals Pty Ltd ABN 44 143 555 453 is a Corporate Authorised Representative CAR No. 439411 of Advisor Plus Pty Ltd AFSL 474520
© 2020 Investor Signals