Telstra (TLS) Stock Tip

SB Citigroup has rated the Telstra (TLS) stock as a Sell, Low Risk. SB Citigroup has commented that having looked at foreign examples they have decided that Telstra cannot make a positive return on FTTN unless it can increase access charges. Regulatory uncertainty will remain until late 2007, so the broker has pushed its FTTN roll-out assumption to 2H08. Telstra Corporation Limited is listed on the Australian Stock Exchange (ASX) under stock code TLS. Check your charts.