crickey-now that was an eye opener!
basically, TLS is stuffed unless the NBN is restructured at great cost to the taxpayer, because mobile is a dead loss and the pipe dream of 5G is years away anyway.
it's interesting what he said about capex- i thought capex was just 3 billion total to roll out 5G, but he implies that it's a massive ongoing problem and costs have to be cut even more than the 870million in staff cuts.
so there is absolutely nothing on the horizon for growth with Telstra, apart from just trying to maintain their divvy!
still, i suppose that equates to 7%FF which is the same as a bank share.
cheers crazypunter
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