Today: 8 July 2026
Browse Category

ASX:TLS.AX 23 January 2026 - 5 March 2026

Telstra warns A$7.3 billion spectrum renewal bill could hit mobile prices

Telstra warns A$7.3 billion spectrum renewal bill could hit mobile prices

Telstra Group Limited is pressing Australia’s federal government to rein in the price tag on renewing major mobile spectrum licences, cautioning that increased fees could mean either less investment or higher costs for customers. The Australian Communications and Media Authority is weighing feedback after a public consultation on spectrum — those radio frequencies used for mobile calls and data — wrapped up on Feb. 27. A review of renewal pricing is on the table.
5 March 2026

Stock Market Today

  • Sensex Sinks 1,700 Points as Oil Jumps, Middle East Worries Hit Markets
    July 8, 2026, 6:32 AM EDT. Sensex slumped 1,700 points after U.S. President Trump's comments on Iran stoked Middle East tensions and spooked investors. The Indian rupee shed 0.26% versus the dollar at 95.2150. Oil prices shot higher as renewed fighting shook global risk appetite. Crude gains weighed on emerging market stocks and currencies. Geopolitical risk remained a drag in financial markets.
Go toTop