0058 GMT - The apparent absence of additional costs at Telstra related to its recent network outage is cheered by UBS analysts. Some investors had been concerned that the Australian telco would announce a larger cost investment due to the July outage, which disrupted transport networks, payments systems and emergency calls. The UBS analysts don't see any evidence of such costs in Telstra's FY 2027 guidance. This is one of several positives they see in Telstra's latest update. They tell clients in a note that they also like Telstra's A$1 billion buyback, its lower-than-expected FY 2026 costs, and the announcement of new fiber-network agreements with large customers. UBS has a last-published neutral rating on the stock and a target price of 5.50 Australian dollars. Shares are down 2.7% at A$4.865.