May 8 (Reuters) - Telstra Corporation Ltd (TLS) :
- EXPECTS TO MAKE A NON-CASH IMPAIRMENT AND WRITE DOWN OF CARRYING VALUE OF ITS 35 PERCENT STAKE IN FOXTEL
- EXPECTS IMPAIRMENT CHARGE OF ABOUT A$300 MILLION AGAINST THIS INVESTMENT IN ITS FY20
- EXPECTED TO WRITE DOWN VALUE OF CO'S SHARE IN FOXTEL FROM A$750 MILLION TO ABOUT A$450 MILLION
- EXPECTED NON-CASH IMPAIRMENT CHARGE WILL NOT AFFECT CO'S FY20 RESULTS ON A GUIDANCE BASIS
May 8 (Reuters) - Telstra Corporation Ltd (TLS) : EXPECTS TO...
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