Chanticleer

Telstra moves to fill its $2b to $3b earnings hole

Chanticleer is Australia's pre-eminent business column.

Updated Nov 17, 2016 – 5.57pm, first published at 11.02am

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Telstra investors pinning their hopes on Thursday's investor day being the catalyst for a share price revival will be disappointed.

While it is clearly positive for the stock that chief executive Andy Penn is moving aggressively to fill the $2 billion to $3 billion hole in earnings in 2020 caused by the NBN there is no tangible trigger for an earnings uplift in the short term.

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