Telstra's turnaround is Thodey's calling card

Telstra's strong growth in earnings and its increased dividend to shareholders highlight its balanced strategy of investing in new growth vehicles while improving shareholder returns.

David Thodey and his board have sent a carefully-constructed series of messages to their shareholders this week, which provide a preview of Telstra’s medium-term future.

The week started with the announcement that Telstra had paid $US270 million to increase its stake in a US video streaming and analytics company, Ooyala, to 98 per cent.

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