Good that the NBN rejected the proposal. Capital initiatives are great in the short term for the fund managers that are looking for and need a quick dollar.
However these kind of initiatives do not contribute to the long term added value of the company. Only added value will generate the return and recurring income.
Quick fixes catchup with you , now they have do what they are for think , plan and execute.
Where to now for long term investors of Telstra, page-389
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