Telstra Group Limited (TLS) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Telstra's results announcement for the half year ending 31st of December 2024. I am Nathan Burley, Head of Investor Relations. I am joining you today from the lands of the Gadigal people and on behalf of Telstra, I acknowledge and pay my respects to the traditional custodians of country throughout Australia and recognise the continued connection Australia's First Nations people have to land, waters and culture. We pay our respects to elders past and present. This morning, we will have presentations from our CEO, Vicki Brady, and our CFO, Michael Ackland. We will then open to questions from analysts, investors, and the media. I will now hand over to Vicki. Thanks, Nathan, and good morning, everyone, and thank you for joining us. I'll make some high level comments about the broader landscape, the telecommunications sector and Telstra's overall business performance before Michael gets into the detail of our financials. Starting with our sector, I spoke about at our full year results in August about the critical role the telecommunications has to play in Australia's future and in realising the benefits of transformative technologies, including AI, to unlock productivity, innovation and growth. When you think about the developments we've seen since then, you can see how rapidly this space is evolving. There are two points I'd like to make on this. First, AI needs to be underpinned by secure and reliable connectivity, which translates into massive demand for digital infrastructure assets. There is no AI without connectivity, and to realise its potential, we absolutely need to get the foundations right. The telecommunications sector has a vital role to play in Australia's future resilience and prosperity, and that role will only grow as technolog...