Ziggy smiles for a sale

Article Abstract:

Telstra is gearing up for the big sell-off as can be seen by the shuffling of the senior executive ranks, an $800-million cost-cutting expedition and a decision by the Federal Government not to participate in Telstra's $800-million to $1-billion share buyback at the end of the year. By not taking up the share buyback, the Government will end up with an estimated 50.9% of the stock, compared with its current 50.1% shareholding.

Personnel administration, Labor Distribution by Employer, Human resource management, Statistics, Stock prices, Company personnel management

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Telstra: floating on an index cushion

Article Abstract:

The Australian Stock Exchange, by giving Telstra 2 shares full All-Ordinaries-index weighting at the exchange's Nov 1, 1999, monthly setting process, will help buoy the shares during their first month of trading. Telstra Corp's index weighting will increase from 6.8% to 10%, and analysts expect that Telstra's share price, after the Telstra 2 float, will increase to $9 a share.

COMMUNICATION, Statistical Data Included, Management, Australian Stock Exchange Ltd.

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T3's time is now

Article Abstract:

An argument against the delaying of Telstra float (T3), following the Telstra's disagreements with Australian government over regulatory and shares issue is presented.

Legal issues & crime, Government regulation (cont), Government expenditures, Government regulation, Legal/Government Regulation, Laws, regulations and rules, Economic policy

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