EBITDA of CSL and Reach expected to be HK$1.1-1.3 bln and HK$3.1-3.9 bln

Ziggy Switkowske, CEO of Telstra revealed to the foreign sources that the EBITDA of its 60-pct-owned CSL and 50-pct-owned Reach was evaluated at HK$1.17bln (US$150mln) to HK$1.365bln (US$175mln) and HK$3.12bln (US$400mln) to HK$3.9bln (US$500mln). Ziggy Switkowski said the performance of CSL was just as the expectation and the target of Reach could be by and large reached. Moreover, he claimed that the ratings of the assets injected in Reach by Telatra and CSL had been finished. Telatra and CSL had been finished.

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