Annual report was very positive in all respects - everything is on track. Posters may like to comment on Telstra's $1 Billion fund to claw back market share it has lost in the last couple of years. With MTU as both a customer and competitor of Telstra's interesting times are ahead. If one of your major suppliers start to smash you up in the market place on price when they compete in the SMB retail space surely Optus will become MTU's best friend ? Hopefully MTU can fly under the radar, retain thier clients through excellent service and withstand the assault.
Refer below...
MELBOURNE (Dow Jones)--Telstra Corp. (TLS) said today it hopes to finalize an agreement on the government's planned A$43 billion broadband network by the end of the year, as it outlined plans to spend A$1 billion to claw back market share in the mobile and broadband markets.
MTU Price at posting:
$2.23 Sentiment: Buy Disclosure: Held