Telstra chief executive Andy Penn has revealed a strategy of rapid network improvement, new products and extensive cost cutting to revive the ailing company's share price and save his job.
Mr Penn outlined the "bolder" plan to AFR Weekend on Friday, arguing the full benefits of the telecommunications giant's $3 billion investment in its networks were not fully appreciated by the market.
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Max Mason covers financial crime, courts and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
Aaron Patrick was a senior correspondent at The Australian Financial Review.
