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Telstra talks tough on NBN stake

Source: The Australian
Canberra : Australia | 27 days ago  
Views: 4
  • The headquarters of telecommunications firm Telstra in Sydney
    The headquarters of telecommunications firm Telstra in Sydney
    Source: AFP
  • A pedestrian using a mobile phone walks past a Telstra public phone booth with a Telstra broadband advertisement on it in central Sydney
    A pedestrian using a mobile phone walks past a Telstra public phone ...
    Source: Reuters
The headquarters of telecommunications firm Telstra in Sydney
Chief executive David Thodey told investors at the group's annual strategy day that the company remains in constructive talks with the government on the potential sale of its fixed line assets into the new high speed broadband network, but cautioned that no deal would be done if shareholders aren't...
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News Stories
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  • News Source: The Australian | 26 days ago
    IT transformation project a success, despite a $1.5 billion increase in the overall budget and the loss of $100 million of cost savings. At an investor day in Sydney yesterday, Telstra chief executive David Thodey and chief financial officer John...
  • News Source: The Australian | 26 days ago
    December, but chief executive David Thodey says any deal on selling assets must provide fair value for shareholders. Mr Thodey told an annual investor day conference in Sydney yesterday that the negotiations with Canberra were highly complex but...
  • News Source: The Courier-Mail | 26 days ago
    David Thodey says the telco will make "every effort" to strike a deal with the Rudd Government by Christmas over what role it is to play in the National Broadband Network. But he described Broadband Minister Stephen Conroy's time frame as "very...
  • News Source: Sydney Morning Herald | 26 days ago
    If there is any significant change to this company, we will be coming back to shareholders,'' Mr Thodey said at a Telstra investor day yesterday. Mr Thodey reaffirmed the company's full-year financial guidance of low single-digit revenue growth. He...
  • News Source: The Australian | 27 days ago
    Telstra boss David Thodey admitted at the company's update for investors in Sydney today that a drop in fresh customers coming on to its fixed broadband products was "not good"...Mr Thodey would not say by how much or exactly when the telco would get...
  • News Source: Scoop | 27 days ago
    Telstra Corporation Ltd today confirmed its earnings guidance and talked up the prospects for the telco's A$12 billion systems upgrade to deliver earnings, irrespective of whether it is forced into structurally separating its assets. The appreciation...
Blogs
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  • Blog Source: www.thebull.com.au
    Chief financial officer John Stanhope told an institutional investor briefing that Telstra could sell fixed-line assets to the NBN Company, but shareholders would want a guarantee of a return on such a transaction. "Our shareholders would rightly not
  • Blog Source: andrewcarr.org
    Telstra has flagged price reductions for its broadband products and services as it fights to maintain market share in the highly competitive sector. Chief executive David Thodey said today price cuts were “imminent” as the telco giant ...
  • Blog Source: asx200.wordpress.com
    ... vision for the National Broadband Network (NBN), we believe that this bill is unnecessary and makes it harder for the government to achieve its objectives for the NBN,” Telstra chief executive David Thodey said in the statement. ...
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