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Telstra broadband plan ditched

TELSTRA has shelved plans to develop a $4 billion state-of-the-art broadband network in Australia’s main capital cities, after the plan was found to be uneconomic.

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Total Shareholder Return as at 30/06/16

1 year TSR5 year TSR
158thLendlease17%20%
268thWestpac-2%13%
280thTelstra-4%21%
307thQantas-9%19%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

6th-Telstra$26,607.0m
7th↑Westpac$21,642.0m
9th-Qantas$16,200.0m
10th-Lendlease$15,350.3m
79 listed non wa companies ranked by revenue.
Source: Morningstar

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