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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Telstra’s future with no Future Fund

Posted on 17 August 2011

A healthy profit and the removal of the Future Fund’s dead hand from the market have conspired to lift Telstra shares to their best level in a year - although still below the 1997 float price.
Still, its chief executive, David Thodey, is getting plaudits for mending torn relationships with government, customers and competitors on the way to producing a business structure that buys it a space in the interactive future……………………………………….Full Article: Source


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