Two in the hand for Telstra’s broadband

Telstra’s share price is now reacting to an understanding the Coalition broadband plan will not only protect the telco’s current position, but may add value to it.

It is curious that despite the uncertainty generated by the probable change of government in September, and therefore the probable change in the nature of the national broadband policy, Telstra shares are trading at their highest levels for nearly eight years, breaking above $5 in today's trade.

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