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What’s behind Telstra’s pointed message for the government

Telstra isn’t getting the returns it should on its huge capital expenditure bill. Vicki Brady wants to change that by pulling three levers.

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Vicki Brady had made another tough call.

In May, the Telstra chief executive announced that she would cut up to 2800 jobs – about 9 per cent of Telstra’s workforce – as part of the reset of the telecommunications giant’s struggling enterprise division.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/what-s-behind-telstra-s-pointed-message-for-the-government-20240815-p5k2sw