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Telecommunications Telstra shareholders get $2.5 billion payout
Telecommunications Telstra shareholders get $2.5 billion payout | Telstra shareholders get $2.5 billion payout |
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| by Stuart Corner | |
| Sunday, 30 October 2005 | |
  
The total payout of $2.5 billion follows the return to shareholders in the 2004/2005 fiscal year of almost $5 billion through ordinary dividends, special dividends and a share buy-back. In a letter to shareholders sent out with the dividend statement CEO, Sol Trujillo urged all of them to participate in the debate about regulation, saying: "These regulatory issues facing our company, the industry and the broader private sector are important and will determine the future of telecommunications in Australia. We would encourage everyone to take part in that debate – because it is through argument and debate in politics, in the media, and in the marketplace of ideas that people see the whole picture and make decisions about their future." |
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