Following a recently-released ACCC Mobile Infrastructure Report, Ord Minnett highlights Telstra is growing its competitive advantage in regional and remote locations across Australia. 

Moreover, another recent announcement shows the company is substantially extending its lead in 5G infrastructure in 2021 with the
company now operating 4,000 mobile sites. The Buy rating and $4.60 target price are retained.

Sector: Telecommunication Services.

Target price is $4.60.Current Price is $4.08. Difference: $0.52 - (brackets indicate current price is over target). If TLS meets the Ord Minnett target it will return approximately 11% (excluding dividends, fees and charges - negative figures indicate an expected loss).

© 2021 Acquisdata Pty Ltd., source FN Arena