Telstra Dividends, page-65

I don't borrow t 5.4% they were exctracts from the HY report, I'm suggesting TLS should do that to fund more buybacks.
Flog off Telstra Super and the fixed network then the only thing you have left is mobile (plus whatever other side businesses are succesful) but still sell internet on someone elses infrastructure same way as others do to TLS now
Market cap is only $55b, they should be able to raise around $30b with spinoffs, option are endless.
Right now they can borrow about another $2b and still remain well within there so called "comfort zone" with debt.
I would suggest with there current situations a good option would be to raise a MUCH larger amont of debt to fund more buybacks then complete spinoffs, look at the shareprice and decide wether or not it is good value to buy more back or just payoff the debt.
By just spinning off the fixed network they could buyback a billion more shares AND have around $1b in debt left afterwards.
Conversley they could just run all units well and pay us a bucketload of money in dividends for several decades