Telsyte Equites Research Report - 1st Report - Telstra published by Telsyte in April, 2008. This report consists of 18 Pages and the price starts from US $ 5500.
Abstract
This report series leverages Telsyte' s parent organisation, Gibson Quai-AAS
strategic consulting capabilities in the telecommunication space. Telsyte
introduces an equities research report designed to increase our value
proposition by assisting broking houses/institutions with specialist, in-depth
analytical information within the telecommunications sector. The first report
is focused on Telstra.
TELSTRA CORPORATION LIMITED PROFILE
Telstra is Australia' s incumbent telecommunication carrier. It was partly
privatised in 1997 and fully privatised in 2006. Telstra is one of the
country' s largest listed companies. The company has strong brand recognition
and provides a broad range of telecommunications and information services.
Telstra has generally outperformed international peers despite strong
regulatory pressures.
DIFFERENTIATING FACTOR
Telstra is in a dominant position operating in an increasingly competitive
market. It benefits from having a broad base of high-value customers and
leveraging its huge economies of scale; it delivers its products cost
effectively. Further, it has a focused management team, strong cash flows and
has effectively pursued a number of growth opportunities, including its 3G 850
MHz wireless mobile and broadband network investments. Telstra has capitalised
on being the first mover in these high growth segments.
COMPETITIVE STRENGTHS
- Only fully Integrated Telco player
- Strong market share in all sectors
- Strong stable cash flow and balance sheet strength
- Economies of scale and scope
- Strong focus on Innovation
- Proven track record
- Executing transformation plan
Total Market Share:
Total Telstra Market Share: 51% in 2006 to 53% in 2007)
Telstra continues to win in the key markets - 3G mobiles, broadband,
directories and has managed to stem the PSTN decline, albeit temporarily-
despite strong competition.
