The regular fall in the share price in the stock market has created concern for the telecom giant of Australia Telstra. The situation is getting worse for the company day by day and it seems that it will not be an easy task for the company to recover from the disaster as the crisis persisting for the company day by day.

Now the telecom company wants to invest more money which is around a huge 1 billion dollar through their new products in the market. But the analysts said that it may be a decision taken in frustration. Because all their plans fail to rise their market price up were resulted unsuccessful.

It is reported earlier that for the first time the number one telecom company of Australia has been dropped up to 4.7 percent from its total net profit till June last. The CEO David Thodey has stated that the 1billion dollar amount will be invested in the business for three years and also decides that the company will not invest small amount of money any more now.

As per the recent report in RBS charts, the share price holds on 2.95 dollar where it had to be 3.24 dollars.