.
Telstra Corporation Ltd (ASX:TLS) and NBN Co have drawn up a series of wipeout clauses in case the project is cancelled or scaled back, that’s according to the Australian Financial Review.
Delays in the $9 billion takeover of Telstra’s fixed-line phone monopoly have reportedly been caused by speculation concerning what might happen if the Coalition wins power.
One source described the arrangement as an extensive “pre-nuptial agreement” between the companies.
The document outlining the arrangement is said to be thousands of pages in length and contains a series of contracts that both sides hope to reach final agreement on next week.
Telstra generated a net profit of $1.2 billion in the six months to 31 December 2010.
- Forums
- ASX - By Stock
- News: Telstra-NBN deal slowed
{"streaming_server":"rtmp:\/\/s2svek4dh1hfyu.cloudfront.net\/cfx\...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.92 |
Change
-0.015(0.38%) |
Mkt cap ! $45.12B |
Open | High | Low | Value | Volume |
$3.89 | $3.92 | $3.87 | $65.49M | 16.79M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 148563 | $3.91 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.92 | 745600 | 70 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
80 | 275091 | 3.910 |
44 | 470258 | 3.900 |
33 | 323916 | 3.890 |
27 | 350645 | 3.880 |
38 | 264675 | 3.870 |
Price($) | Vol. | No. |
---|---|---|
3.920 | 776248 | 99 |
3.930 | 563302 | 62 |
3.940 | 587259 | 35 |
3.950 | 957726 | 86 |
3.960 | 415256 | 27 |
Last trade - 14.36pm 09/09/2024 (20 minute delay) ? |
Featured News
TLS (ASX) Chart |