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Telstra takes $273m hit from US writedown

Retrieved on: 2018-02-01 07:48:45

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<div>The telecommunications provider says it will write down the value of video tech firm Ooyala - which it took control of in 2014 - to zero and book an impairment charge of $273 million against goodwill and other non-current assets. "This was a business that <b>Telstra</b> purchased when the market dynamics ...</div>

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