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Telstra said earnings lost to the NBN would increase to between $800 million and $1 billion in FY20.

Telstra flags $400m revenue reduction

Telstra says peak NBN pain will now hit in FY21 instead of FY20 after the government-owned NBN Co flagged fewer than expected connections over the next year.

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Perth
Telstra will improve its services by sacking more people.

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Total Shareholder Return as at 30/06/16

1 year TSR5 year TSR
280thANZ Banking Group9%14%
303rdNational Australia Bank3%2%
377thTelstra-4%21%
387thCommonwealth Bank-7%14%
736 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

4th-Commonwealth Bank$27,005.0m
5th-Telstra$26,607.0m
7th-ANZ Banking Group$21,071.0m
8th-National Australia Bank$19,101.0m
78 listed non wa companies ranked by revenue.
Source: Morningstar

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