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Telstra's Philippines foray could burn through $5b of cash

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(@handyness)
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A report from independent analyst firm Creator Tech warned the push into the Philippines could become an expensive mistake, costing the [COLOR=#237560 !important]joint venture up to $5 [COLOR=#237560 !important]billion if construction is hit by cost overruns and delays. Major shareholders are also expressing doubts over whether it is the right move.

Read more: http://www.theage.com.au/business/telstras-philippines-foray-could-burn-through-5-billion-of-cash-say-analysts-20151215-glo2ge.html

 
Posted : 29/12/2015 9:26 am
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