Business
What experts are saying about Telstra’s (ASX:TLS) big restructuring plans
The Telstra Corporation Ltd (ASX: TLS) share price chalked up its third day of gains as brokers pass judgement on its headline grabbing restructuring plans.
The Telstra share price jumped 2.5% to a seven-month high of $3.33 on Tuesday. In contrast, the S&P/ASX 200 Index (Index:^AXJO) dipped 0.1%.
Australia’s largest telco excited the market when it announced it was splitting itself four ways.
Unlocking value in Telstra’s share price
The radical restructure is meant to position Telstra to buy the NBN down the track and to unlock value for shareholders.
While acquiring the NBN is politically sensitive and far from certain, most brokers seem to be optimistic about the restructure.
Goldman Sachs is one that is taking a positive…
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