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Telstra Shareholders Back $11 Billion Government Network Handover

October 18, 2011

Telstra shareholders on Tuesday approved a plan to hand over the company's fixed-line phone network to the Australian government for $11 billion, transforming the nation's dominant phone company into a pure telecoms retailer.

Source: http://www.cnbc.com/id/44938404?__source=RSS*tag*&par=RSS
 
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