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COVID-19 has moved the future to now – The Australian Financial Review

For many Australian companies coronavirus has brought the future forward – for better or worse. The reporting season shows the range of results.

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His optimism is despite Telstra announcing a $200 million COVID hit, doubling again this year. Penn is instead selling the transformative potential of a 5G connected and data rich world and Telstras ability to leverage exponential growth.
Telstra CEO Andy Penn working from home. Eddie Jim
But he argues the NBN pricing model is unsustainable for Australia to take full advantage of that future given marginal returns for retailers and no incentives for investment. He is careful to avoid criticis…

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