Telstra's success or failure with its new move to split up into three units will depend on how much freedom the parent group gives them to operate, based on what makes financial and economic sense, the well-known independent telecommunications analyst Paul Budde says.
Telstra has announced that it will be splitting up into three entities under a parent company to be known as Telstra Group, with the three being InfraCo Fixed, InfraCo Towers and ServeCo.
In a somewhat surprising display of generosity, Telstra has paid out more as dividends to its shareholders compared to its net profit for the year 2019-20.
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