Telstra to protect NBN value

Telstra chair promises shareholders value will not be lost in negotiations.

Telstra Corp Ltd chairwoman Catherine Livingstone has pledged to shareholders that she will protect the value of Telstra's $11 billion National Broadband Network (NBN) agreement as it renegotiates its involvement in the project with the coalition government, according to The Australian.

Investors have questioned whether the coalition's plan to reform the NBN will result in a poorer situation for Telstra investors.

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