This small ASX share has 5-bagged in one year – what’s next for its share price?
Lachlan Buur-Jensen
October 4, 2021
Since its initial public offering in October 2020, the Aussie
Telstra Corporation Ltd (ASX:TLS) is our country’s oldest telecommunications business, having built the first telegraph line in 1854. In 2019, it provides more than 17 million retail mobile services, around 5 million retail fixed voice services (e.g. home phones) and 3.6 million broadband services. Telstra also has operations in eHealth, network applications and subsea cabling.
Since its initial public offering in October 2020, the Aussie
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