Telstra has lowered its income expectations for FY2019 by $300 million following the release by NBN Co of its corporate plan for 2019-2022.
Telstra has sacked four senior officials in a management shake-up, with chief financial officer Warwick Bray, technology lead Stephen Elop, wholesale chief Will Irving and media unit chief Joe Pollard all given pink slips.
Telstra hopes to increase its mobile customer base, up strategic investment and cut back on costs as it gears up to become "a telco of the future", according to a presentation made by its chief financial officer, Warwick Bray.
Telstra has appointed Warwick Bray as its chief financial officer
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