UPDATE 1-Telstra to book $195 mln Foxtel stake impairment charge on News Corp writedown
May 07, 2020 at 19:48 PM EDT
Australia's Telstra Corporation said on Friday it expects to recognise an impairment charge of about A$300 million ($195.12 million) against its investment in a 35% stake in the Foxtel joint venture with Rupert Murdoch's News Corp.