Home > Latest News > Telstra Aiming For 95% 5G Coverage By 2025

Telstra Aiming For 95% 5G Coverage By 2025

Telstra has outlined its plan to have 5G coverage across 95 per cent of Australia by the end of 2025, while also cutting half a billion dollars in net costs.

The plan is dubbed T25, and the $500 million in cost reductions are in addition to the $2.7 billion in cuts already in the current T22 strategy.

Telstra has also assured shareholders that it is confident of retaining a minimum 16c-per-share dividend until the end of 2025.

The company sold off a 49 per cent stake in its mobile towers business for $2.8 billion in July. It is continuing to diversify in a bid to transition from its fixed-line business.

You may also like
Telstra Will Return To “Full-Year Growth” In 2022
Australians regularly feel lonely according to new Telstra report
NBN Co. Caves To Telco Pressure
AustralianSuper Takes Majority Stake In Optus Towers
Telstra and Optus Team With Microsoft For Teams Rollout