TLS 0.00% $3.98 telstra group limited

reason for sell off, page-17

  1. 14,096 Posts.
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    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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