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@koolgal:
$TELSTRA CORPORATION LIMITED.(TLS.AU)$ is my favourite Australian stock. This is because it is the dominant player in the Australian telecommunications industry. It is the market leader in fixed voice, broadband, mobile services and the corporate telecom market.Telstra has just announced its FY2022 results today. The mobile business performed very strongly with AUD700 million EBITDA growth up 21.2%. Its EBITDA in the existing International business grew 15.2%. Telstra Health had a strong year with revenue up 51% to AUD243 million after including the Medical Director and Power Health acquisitions.Telstra Free Cash Flow increased by 5.9% to AUD4 billion. Telstra is increasing its dividends to 8.5 cents per share, bringing total dividends to 16.5 cents per share.I am bullish on Telstra because as a market leader in telecommunications, it will continue to grow exponentially in future. Telstra also ticks all the fundamentals of a quality stock too.
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