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Note that this article refers to the ASX listed Telstra Corp. Ltd., and all amounts are given in AUD.
The Stock
Telstra (OTCPK:TLSYY) is an Australian telecommunications giant. Its stock price has plummeted recently, falling 47% since its 2015 high:
This fall can be attributed to a number of catalysts:
- Intense competition in both the fixed and mobile marketplaces. - An exponential rate of change in technology and connectivity. - An unprecedented growth in capacity demand. - A rapid acceleration in the rollout of the NBN (The National Broadband Network), which will