Australian Investment Blog

This morning, the papers are discussing Telstra’s role in the NBN as they are shaping up to play a major role in the construction of the national broadband network (NBN Co.). My question is whether Telstra / Telco’s are a place to invest some funds away from banks as interest rates start to rise. I have generally been very disappointed with Telstra as a company (perhaps they have put me on hold too often!), as their share price remains below 2005 highs and over 40% below 1999 levels. However, the share price has had a stellar run since 2010 almost doubling and paying great dividends but so it should with its monopoly in areas, plus excellent market take up of mobile phones, internet etc.