GR Quote you 'telstra is a boring co',yield is no longer...

GR

Quote you 'telstra is a boring co',yield is no longer attractive'.I agree.
Quote you 'the dividend income is steady'.?
In Penn's first report as ceo he increased 'dividend' by half a cent to '.315' cents FY,EPS was .315 cents.
Now dividend is .17 cents FY,EPS is .167 FY.
Clearly more than a 100% payout ratio.
Is that sustainable especially considering guidance.?

Then we have infraco,it should be tls's golden goose especially with interest rates increasing (nbn lease cpi linked) but it not it makes no money.
Tls makes approx $3b from mobile,only Jesus could divide that up to make tls's 3 divisions look good as in mobile,fixed (infraco) and NAS (tls purple)..

Yep more waffle,the Australian govt cut space development by $1.2b.
For tls $1.2b is chicken feed.
The US FCC and US govt and US military made a massive mistake not long ago by allocating all western meo spectrum to an Australian start up EOS.Thats 64% of total global spectrum in the meo sector excluding china,russia and Europe.
Now the issue has been corrected and the rush is on to develop the critical meo sector as Europe etc have already done.
Relevance to tls,it would only take 4 to 8 meo relay satellites as a back up for all leo satellites plus missile detection etc etc etc etc.
Australia again has a competitive advantage in geographic location eg pine gap and why US space co's r busting their butts to start a space industry in Australia including Australian start ups..
We have some very clever space rocket co's ,space satellote co's general space industry co's.The meo sector is currently a clean slate to develop.
Elon and the US and for Australian soveriegnty the meo sector is ripe for Australia /tls to establish a meo consellation 4 to 8 sateelites relay,even if the US did the same etc etc etc.

So to sum up yes tls is a boring co.