They had a good run with the NBN cables but they still need to be repaired and maintained. On the last report they are bidding for 2 large NBN contracts and probably will win.
The big money ahead is not in NBN, it is the millions of 5G towers that still need to be built.
It is rumoured that on 8 Sept Apple will announce the new iPhone which will be 5G ready. That would create a big demand for 5G service which at the moment is minimal. With the increase in demand, Telstra, Optus and TPG will have no choice but invest heavily in 5G.
Well, someone has to build the towers, cables and whatever else required, right?
SSM Price at posting:
$1.82 Sentiment: Buy Disclosure: Held
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