Does Telstra have the right number?

After jumping a third in value in the year leading up to its results announcement, Telstra's share price has since stagnated as it seeks out a new growth strategy.

Telstra’s stagnant share price since its August results says a lot about the market's perception of where future growth will come from.

When Telstra reported the market cheered and sent the stock 2.4 per cent higher on the day. Since this time the telecommunications giant has trod water against a broader index gain of 6.9 per cent.


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