ps NAS had a revenue increase of something like 30 or 40%,it now has revenue of $3.3b and penn suggests its tls's growth business,but no one but penn and the cfo understand the breakdown of this revenue.
Its a $3.3b business that no one has a clue where the revenue is coming from,is it on going revenue? and y can't penn suggest when it will b in profit.Or will it become a white elephant when nbn contracts stop,nas finds it can't make a profit from nas services or applications,the 5g businesses penn listed can't compete against competition using tls's own 5g network once it is rolled out.
Above is y tls's sp is collapsing ,because tls is entering businesses they can't run.ie ehealth,ooyala various IT platforms and contracts.
Where to now for long term investors of Telstra, page-983
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