News Summary:
On March 19, 2026, Telstra appointed Holly Kramer as a non-executive director to its board, where she will chair the people and remuneration committee, following the retirement of Elana Rubin. Kramer previously served on the boards of Woolworths, Endeavour Group, AMP, and Nine Entertainment, and currently holds director positions at ANZ and Fonterra. Earlier on March 19, market research firm Conjointly placed Telstra at the top of key brand funnel measures for Australian NBN home internet providers in its Brand Tracker product, though Aussie Broadband led on trust. Previously, on March 18, Telstra advised customers in the Branxton area to expect temporary mobile blackouts between March 23 and March 29 as the company upgrades the Leconfield mobile base station to improved 4G and 5G capability. On March 17, Telstra switched on two new mobile base stations in Jamberoo and Worrigee, improving mobile coverage and connectivity. This infrastructure was built as part of the Mobile Black Spot Program’s Improving Mobile Coverage Round, with funding from Telstra and the Albanese Labor Government. This follows Telstra's buy-back activity on March 16, which prompted investors to reassess the company's valuation, earnings outlook, and telecom sector trends within the Australian market.
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