Telstra held its annual Investor Day event on 12th November 2020. Telstra CEO Andy Penn and senior management addressed progress on its T22 strategy, the financial and earnings outlook, changing dynamics in the Enterprise market, progress on the 5G rollout, and changes to the company structure. In this report, we have analysed some of the key announcements from the event and provided our take on the same.

Contents

Key Takeaways

Telstra Investor Day 2020

Introduction

Company Restructure

Financial outlook

Telstra InfraCo

Telstra Enterprise

5G Update

5G mobile

5G fixed wireless

Entry to Energy Market

Telstra sees gaming and media as growth areas

Figures

Figure 1. Proposed corporate structure

Figure 2. Telstra FY21 guidance

Figure 3. Revenue and EBITDA of InfraCo assets, FY20

Figure 4. Enterprise market dynamics: Telstra expects revenue and EBITDA growth by FY22

Figure 5. Willingness to pay a premium for 5G mobile services

Figure 6. Overview of Telstra 5G Roadmap

Figure 7. Mobile take-up by energy provider, by age group [Q. Would you consider purchasing your mobile phone service from a utility company if bundled with your electricity or gas service?

Figure 8.  Willingness to pay more for a better 5G enabled mobile gaming experience