Australia's Telstra posts 7.6% fall in half-year profit [Reuters]
TELSTRA CORP S/ADR (TLSYY)
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telstra.com.au/aboutus/investors
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Source: Reuters
Australia's Telstra posts 7.6% fall in half-year profit Feb 12 (Reuters) - Australia’s largest telecom firm Telstra Corp posted a 7.6% fall in its half-year profit on Thursday, hurt by continued pressure from the rollout of a state-owned broadband network and higher competition in the mobile market. Net profit fell to A$1.14 billion ($767.90 million) for the six months to Dec. 31, from A$1.23 billion a year earlier. Telstra declared total interim dividend of 8 Australian cents per share.
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