Why the Telstra (ASX:TLS) share price is a buy today Sebastian Bowen | April 20, 2021 2:06pm | More on: The Telstra Corporation Ltd(ASX: TLS) share price is having a rather undecided day today. After making a new 8-month high last week of $3.48, Telstra shares have been sliding ever since. The ASX’s largest telco opened this morning at $3.37 after going as low as $3.36 yesterday. At the time of writing, the Telstra share price is sitting at $3.40, up 1.04% for the day, but down close to 2.5% on last week’s high watermark. So is this a buying opportunity for Telstra shares? Telstra has been enjoying something of a renaissance for ASX investors of late. One of the catalysts for this share price recovery was the announcement last month of a new structural separation for the telco. Under the plan, Telstra will legally and regulatorily separate into four divisions by December this year. They will be InfraCo Towers, InfraCo Fixed, ServeCo and Telstra International. These divisions will house a component of Telstra’s business, while all still coming under the umbrella of the Telstra Group on the ASX. Since this announcement, Telstra shares are up close to 6%.