Fund managers including Endeavor Asset Management, Pengana Capital Group, Cooper Investors, Blackwattle Investment Partners, Wilson Asset Management, Clime Investment Management, Sterling Managed Investments, BKI Investment Company, Pendal Group, Perpetual Asset Management, Plato Investment Management, Perennial Partners, Investors Mutual Limited, PM Capital, Paradice Investment Management, Maple-Brown Abbott, Market Partners, Ten Cap and WaveStone Capital have invested in Telstra Group Ltd (ASX:TLS).

WaveStone highlights Telstra's mobile pricing power, with competitors following its price increases, while Pendal notes a $1 billion buyback, and Plato points to cash earnings growth of 14%, ahead of accounting profit.

Pendal flags an ACCC inquiry into regional mobile coverage that could lead to regulation, a nationwide mobile outage that affected emergency calls and slightly higher capital expenditure guidance, while Plato viewed the result as somewhat soft.

Telstra Group Ltd., founded in 1992 and headquartered in Melbourne, Australia, provides telecommunications and technology services. It operates through five key segments: Telstra Consumer and Small Business (TC&SB) for consumer and small business mobile and fixed services; Telstra Enterprise (TE) for government and large enterprise cloud, security, and network solutions; Networks and IT (N&IT) for platform reliability and data security; Telstra InfraCo for network-based wholesale services; and All Other. Telstra supports critical digital infrastructure through its diverse domestic telecommunications portfolio.