I really think its just the market not understanding NBN. The NBN has been in the news last couple of days heavily and an average Joe investor would see the NBN as a threat and would jump ship especially after bad results from Telstra.
I do agree that Telstra not been able to retain customers would most likely mean TPG and others are making huge inroads.
Results not far. Share price will recover.
why the sell off?, page-4
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