Telstra Increases Interim Dividend After 1H Earnings Rise 3.8% -- Update [MarketWatch]
SINGAPORE TELECOM S/ADR (SGAPY)
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Source: MarketWatch
of users on its mobile network across a period that included a large-scale outage at one of its rivals. Australia's largest communications provider on Thursday reported earnings before interest, tax, depreciation and amortization for the six months through December of 4.00 billion Australian dollars (US$2.58 billion), compared with A$3.86 billion a year ago. Advertisement The average analyst forecast had been A$4.04 billion, according to data compiled by FactSet. On an underlying basis, Telstra reported Ebitda of A$4.0 billion. It said it expects underlying Ebitda of between A$8.2 billion and A$8.3 billion for the whole of fiscal 2024, lowering the top end of its previously issued guidance range from A$8.4 billion. The change was made due to the performance of Telstra's network applications and services, or NAS, which sits within its enterprise unit. Telstra said that it had started a detailed review of its domestic enterprise business, with what it called a clear set of imm
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