Telstra Corporation Limited (ASX:TLS) has delivered its growth strategy today. The company plans to utilise its 50 per cent shareholding in Foxtel to increase traffic flow on its fixed-line and mobile networks.
Telstra expects to generate $2 to $3 billion in excess free cash flows over the next three years .
The telco has affirmed it will also generate free cash of by the end of this financial year of up to $1 billion.
Telstra generated a net profit of $1.5 billion for the first half of its 2012 financial year.
