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Telstra is one of Australia's largest telecommunications businesses. Photo: Attila Csaszar

Future tech drives network investment

Telstra is spending about $140 million annually on upgrading and expanding its network in Western Australia, as it seeks to enable the uptake of new technology such as the internet of things in mining, agribusiness and other industries.

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Total Shareholder Return as at 30/06/16

1 year TSR5 year TSR
194thRio Tinto12%-1%
205thANZ Banking Group9%14%
280thWestpac-2%13%
291stTelstra-4%21%
304thCommonwealth Bank-7%14%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

3rd↓Rio Tinto$49,225.3m
4th-Commonwealth Bank$27,005.0m
5th-Telstra$26,607.0m
6th↑Westpac$21,642.0m
7th-ANZ Banking Group$21,071.0m
79 listed non wa companies ranked by revenue.
Source: Morningstar

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