Is Telstra a takeover Target and/or Cheap?, page-6

hmmm sit inside tls till 2022 ?,i don't believe so and there would be no reason to wait for nbn to be rolled out because tls still controls infraco.
Again the assets are imperative to tls ie the seacable network,pacnet mainland china data centres (tls energy) it all complements tls's network.In fact i like the idea better than 'selling' the nbn lease.
Tls tried to sell the nbn lease, what 18 months ago,they didn't wait till nbn rolled out.
Penn knows if he sells 49% tls basically has no debt,massive reduction in costs generated from less interest and lower 5g connectivity costs (especially if they build a helecoal plant as 5g uses heaps of electricity),and clearly a split will again make tls more agile,along with pivatol,vtech 8000 less employees including managers.Nope penn is doing a good job,all he has to do is sit back and let the analysts figure it out and not say anything.
Also imo only best not to listen to tv brokers or ratings agenmcies or analysts.
ps look i know my sentence structure leaves a lot to be desired,and spelling ,but already iv'e had a gut full of the media repeating 'PENNS' comment of infraco will have $11b in assets.Yep there repeating penn and as usual just happen to forget the 'book value' part,which who knows the real value as you can depreciate assets even if they increase in value.Its a stupid figure to suggest,penn should have just mentioned the ebitda and i guess by memory the $3b ebit figure ie the important part being I for interest as that will depend how much debt is transferred.
My guess,within next 12 months cash management comments by penn will include part ipo of infraco.