Business
Could a restructure spell a new era for the Telstra (ASX:TLS) share price?
The Telstra Corporation Ltd (ASX: TLS) share price is struggling to deliver shareholder value. This has been the case for the past five to six years. The earnings landscape for Telstra has become increasingly challenging. For example, the government’s NBN Co running home internet connectivity, emerging internet-based technologies, and rising competition have all diminished the company’s blue-chip status.
Telstra is trying to turn a new page with a proposed legal restructure that it expects to be completed by this December.
Is the restructure a good or bad thing?
Brokers are largely positive on the news that Telstra will…
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