Page 3 highlights InfrCo divestment or NBN deal..... End of Financial year decision time
Lastly, the establishment of Telstra InfraCo where we have made excellent progress with the establishment of our internal InfraCo structure. This means that we will now be able to provide transparency over the different asset classes in our infrastructure business, and from the end of this financial year be ready to consider monetizing some or all of these assets if this creates appropriate value for shareholders. In the event of any eventual privatisation of the nbn this may include the opportunity for Telstra to work with government on solutions for the nbn that might provide increased value for Telstra shareholders, the government and the community.
TLS Price at posting:
$2.78 Sentiment: Buy Disclosure: Held
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