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MarketScreener Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Telstra Corporation Ltd    TLS   AU000000TLS2

TELSTRA CORPORATION LTD

(TLS)
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Telstra : Australia set to block over 80 more piracy and stream-ripping sites

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01/11/2019 | 03:02am EDT

Back in 2016, a group of film studios and entertainment companies successfully begun a crusade against a number of pirating sites and mirrors by bringing them to the attention of the Australian Government.

As a result, the government ordered a vast swathe of sites – including Pirate Bay, Torrentz, IsoHunt and more – to be blocked by Australian ISPs or else face hefty penalties.

The allegiance of entertainment companies (which includes Foxtel, Village Roadshow, Paramount, Columbia, Disney, and 20th Century Fox) has been adding more domains to the hit list since the successful ruling, and is now set to include another 79 pirate sites.

-- Australia's government wants to know if its current anti-piracy laws are effective enough A renewed attack

The new addition comes in the form of two new applications being processed by Australia’s Federal Court, the first of which by the aforementioned film companies, and the other made by a number of music companies targeting four major stream-ripping sites.

These stream-ripping sites enable users to download files from popular streaming services such as YouTube, hence infringing copyright, and have been honed in on by Music Rights Australia, Australiasian Performing Rights Association (APRA), Universal, Sony, and Warner Music.

For an exhaustive list of all targeted piracy and stream-ripping sites, be sure to visit ComputerWorld.

-- Australian government to introduce new ‘rapid takedown’ anti-piracy legislation

(c) 2019 Future Publishing Limited Quay House, The Ambury, Bath BA1 1UA. All rights reserved Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (AUD)
Sales 2019 26 083 M
EBIT 2019 4 380 M
Net income 2019 2 436 M
Debt 2019 16 378 M
Yield 2019 5,01%
P/E ratio 2019 15,39
P/E ratio 2020 14,35
EV / Sales 2019 2,12x
EV / Sales 2020 2,09x
Capitalization 39 010 M
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Mean consensus HOLD
Number of Analysts 14
Average target price 3,36  AUD
Spread / Average Target 2,3%
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Managers
NameTitle
Andrew Richard Penn Chief Executive Officer, Executive Director & MD
John Patrick Mullen Chairman
Robyn M. Denholm Chief Financial Officer & Head-Strategy
Hakan Ericsson Chief Technology Officer
Nora Lia Scheinkestel Independent Non-Executive Director
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