BUZZ-Jefferies says Telstra's new plans sharpen pricing but leave <a href="https://laohu8.com/S/ABB.AU">Aussie Broadband</a>'s edge intact** Shares of internet providers Aussie Broadband ABB.AX and Telstra TLS.AX slip 2.9% and 0.7%, respectively
** Jefferies says TLS' new internet-only plans are more competitive than its previous bundled offers but remain above ABB's rates
** Brokerage attributes this move to the country's top telco's shift to a new tech stack, which allows it to unbundle modems and phone lines from its plans
** Jefferies also doubts if the plans will meaningfully alter the trend of incumbents losing share to challengers, citing ABB's perceived service edge and pricing advantage
** YTD, ABB and TLS are up 40% and 21.8%, respectively
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))
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