complications to its $11 billion NBN deal seems to be the reason here
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TELSTRA shares hit a record low yesterday as CFO John Stanhope flagged complications to its $11 billion NBN deal, and more job cuts.
Mr Stanhope told a business audience the in-principle deal may be broken into packages to ensure it was voted on by shareholders before Telstra's self-imposed June deadline.
http://www.theaustralian.com.au/business/telstra-shares-sink-to-new-low-on-nbn-complications-and-job-cuts/story-e6frg8zx-1225928051519
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