Telstra has announced it will record $500 million in impairments in its 2019 financial year results on ageing data-storage assets and forecast higher restructuring costs this year as it expedites a plan to slash jobs.

Telstra has announced it will record $500 million in impairments in its 2019 financial year results on ageing data-storage assets and forecast higher restructuring costs this year as it expedites a plan to slash jobs.