Tale of 2 telecoms
James Dunn
November 9, 2023
Telstra Group Ltd (ASX: TLS) gained 5 cents, or 1.3%,
WiseTech Global Ltd (ASX: WTC) was founded in 1994 by Richard White to provide software to the logistics sector. Since then it has grown to become a global provider of logistics software, claiming to service 19 of the top 20 logistics companies globally. WiseTech makes money by charging its customers on a ‘per use’ basis rather than as a subscription model. Meaning, WiseTech directly benefits as its customers grow their businesses.
Telstra Group Ltd (ASX: TLS) gained 5 cents, or 1.3%,
Both the key Australian indices fell on Monday, with the
The tech sector fell 1% and healthcare 0.7% as bond
Another 4% fall in the price of iron ore was
The local share market started the week lower, ahead of
A tech slide dragged the ASX indices lower on Wednesday,
When I woke up this week and saw that the
The WiseTech Global Ltd (ASX:WTC) share price is down over
The local share market managed a 0.9% gain, taking it
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