***govt blocks sale:dump telstra now**, page-2

That sounds like a "downramp" - unlikely to have much effect on TLS given that a day like today $73 millio dollars worth changed hands..

In fact, the decision today should not make much diff.
Part of the reason the TLS share price has held back has been because, if the company was sold off as T4, it would be cheaper to buy the shares off market, so why pay market prices. So if the sale is not going ahead, have to buy shares on market now.


As for the fundamentals..good divi, low PE, and rememeber TLS still has the largest market share of mobile phones, monopoly on fixed lines...and all this broadband activity and growth...most of it is being re-sold with TLS as the supplier. They are holding their own on market share as stated in the annual report, and with the market growing TLS remains a pretty solid blue chip to have in the portfolio i think.