Space Shake05-Jun-2015

NASA astronaut Terry Virts, aboard the International Space Station (ISS), and ESA telerobotics s..


Telstra deal with NBN a long term earner


Telstra and NBN Co have moved closer to finalising the details of their $11Bn cash for infrastructure deal and the deal will be a nice little earner for Telstra. When the $11bn is further dissected, it turns out that the infrastructure component (that's the physical pits, pipes and associated hardware) is actually on a 35 year lease that will be worth some $750m per year to Telstra. Telstra shareholders are due to vote on the deal next month. Initial reaction to the most recent announcements has been a drop in the Telstra share price.

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