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Telstra buy-back less likely this year
2015-08-12 07:47:28| Telecom - Topix.net
Telstra shareholders hoping for another $1 billion windfall from the company this year could be disappointed as the telco funnels cash towards new acquisitions and its mobile network. The telecommunications giant is expected to post a steady-as-she-goes full year profit result, somewhere around last year's $4.3 billion, with underlying earnings up by a few percentage points.
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Category:Telecommunications