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Author Topic: Telstra's Philippines foray could burn through $5b of cash  (Read 195 times)

margaret

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Telstra's Philippines foray could burn through $5b of cash
« on: December 29, 2015, 06:28:39 AM »
A report from independent analyst firm Creator Tech warned the push into the Philippines could become an expensive mistake, costing the joint venture up to $5 billion if construction is hit by cost overruns and delays. Major shareholders are also expressing doubts over whether it is the right move.

Read more:  http://m.smh.com.au/business/telstras-philippines-foray-could-burn-through-5-billion-of-cash-say-analysts-20151215-glo2ge.html