Value Investor: Telstra rings in the profits

Telstra shares have doubled in four years and if this mature but high-earning company cuts debt with some of the NBN payment proceeds, it would further reduce risk.

Telstra shares have more than doubled since mid-2010 on demand for higher-yielding equities, driven by historically low interest rates and the inclusion of the value of the National Broadband Network (NBN) payments in the share price.


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