Yes please!These notes will be under HUGE demand, this is...

Yes please!
These notes will be under HUGE demand, this is brilliantly timed and there is no reason at this point they can't raise $billions at half the interest of current debt.
With the exchange rate currently and debt of TLS currently they can easily add up to $b AUD in debt to their books no problem at all, it could actually be done without any increase to overall interest costs as well, Foxtel and Kayo subscriptions will go through the roof, mobile and internet domestically the same, business will have some churn (if you call a major chunk of businesses going broke churn), although all coming out the other side will have drastically increased telco spends.
Lets see how much they go for, if there was ever a time to load up big on cheap debt this is it IMO, they need $2.8b over the next 12 months so I want to see them take $4-5b.
Under the current circumstances I would have no issue TLS announcing no further special dividends period.
The announcement of the hit to current guidance of $500m approx when you look at all the initiatives announced seemed pretty positive IMO.
When you think bringing forward investment of $500m into calendar 2020, at least $50-100m of this will be in the guidance period, 1000 temporary workers, also directly in the guidance for over 2 months, at a rate of say $1200pw per person cost to TLS (likely closer to $1500-2000 with costs) that's at least another $9m cost, retaining close to that many employees again is another $9m approx, already easily over $100m, cost of free data increases and changing whole workforce to at home and the ongoing spend fo issues with that, delays on collections and disconnections, etc.
I'm shocked at how stable the foretasted result is, likely to be similar impact last half of calendar 2020 before being bigger and better than ever going into 2021.
This hits TPM and their 5G ambitions again IMO, already not able to use cheap Chinese equipment now European and American equipment is much more expensive again, yes TLS pay the same but they have got a massive head-start much cheaper and have debt prices 30+% cheaper.
Even a small semblance of efficiency would have an outsize effect on TLS's future performance in that regard.