BREAKFAST DEALS: Packer hang-ups

Telstra is eyeing James Packer's Consolidated Media Holdings stake but a few roadblocks stand in the way.

The match between Telstra and James Packer’s Foxtel stake seems made in heaven. However, there are a few things standing between David Thodey and that much needed content. Breakfast Deals can think of four. While we’re on telcos, Optus and Vodafone are taking the fight up to Telstra with a mobile coverage joint venture. Meanwhile, BlueScope Steel has made some headway with its restructure by selling a US asset, but what’s with that flat lining share price (and we mean dead flat)? Speaking of the land of the free, Auroro Oil & Gas will have to up its bid to nab US-focused Eureka Energy.

Telstra Corporation, Foxtel, James Packer

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