where too for Telstra. what does the news from TPG mean.not good ..... I hope management saw this coming and have a plan B..I am a big tls share holder in smsf so will ride it out ,no doubt dividends will be cut in the future as earnings will not be substantiated...warning bell was sounding at last dividend when they borrowed money to maintain there dividend ,that is not good business you are living outside your means[earnings] ..how do you pay back if earning will be down with strong competition....maybe there strategy needs to change from income to more growth buy expanding ..the communications industry is overloaded alot like the car industry before consolidation ...everyone and there dog can see NBN IS A FLOP.. so the future does not look good ..I think they should off load foxtel while there is a buyer ..and head for asia for growth ,, anyhow ''just thoughts
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