As time goes by it becomes clearer that the 2012 Telstra-NBN deal was one of the greatest transactions ever done by an Australian corporation with the government. For political reasons it is quoted as a deal that will produce revenue for Telstra of $11 billion in post-tax net present value. There has been much speculation as to the extent of the actual dollars that Telstra will receive over the next 20 or so years.
By chance I had the opportunity to discover that the $11bn discounted figure translates into a cash sum of around $65bn.
Yes, that’s right: $65bn.