Stock in focus – Telstra

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At some point in time, it will dawn on the government of the day that the communications habits of consumers have evolved from curly plastic fixed lines to flashy glass mobile devices.

Telstra realised that truism nearly 10 years ago, when it began building its next generation mobile network.

For all his bluster and bravado, former Telstra chief executive Sol Trujillo did Telstra and its shareholders an immense favour by shaking the company out of its torpor. In October 2006, when the Next G mobile network went live nationwide, Telstra gave itself an advantage in the new era of communications that it will not relinquish.

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