Telstra eyes Asian opportunity

Telco’s leading execs tour region as David Thodey says he wants to grow in Asia.

Several of Telstra’s (TLS) most prominent executives have reportedly been meeting in Asia over recent days as the telco’s boss, David Thodey, outlined plans to stay in the region in the long-term.

In December, Telstra netted a profit of $600 million on the sale of its majority stake in Hong Kong mobiles business CSL, but Mr Thodey said that was not a sign of an exit strategy in the region.

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