Fixed line is dead, mobile falling. They have their hopes pinned on cloud and other network solutions, extending their expertise into Asia. Competition will push down profitability, and if they don't spend the $11b windfall from the government for the NBN wisely, there will be pressure on the price.
Up and down. No, any joke aside, this company trades at a PE of about 17 which is about market average, but does pay a nice dividend of over 5%. All in all I would rate them as performing about equal to market expectations.
