Menu
Telstra profit up 13.5 percent to A$3.7 billion

Telstra profit up 13.5 percent to A$3.7 billion

Telstra's annual profit rose 13.5 percent to A$3.7 billion for the year ended on June 30, the company announced yesterday.

Sales revenue rose 4.2 percent to $24.7 billion across Telstra's retail units including broadband and mobiles, up $1 billion from last year's figures.

Telstra's retail broadband revenue increased by 49 percent to $1.8 billion, while ailing PSTN revenues fell by 3.2 percent to $6.7 billion, a slight improvement on last year's decline of 4.4 percent. Losses continued on wholesale lines and Unconditioned Local Loop services with PSTN services falling by 390,000 to 9.4 million.

Telstra CEO Sol Trujillo said fiscal projections have been met or exceeded for the third year running.

Retail sales revenue rose 5.9 percent, including a 3.6 percent revenue increase in Telstra's Enterprise and Government division which the company said is the strongest since competition commenced.

Mobile services revenue increase by 12.3 percent to $5.5 billion, including an Average Revenue Per User (ARPU) growth of 7.8 percent in Telstra's Next G network to $49 per month.

3G penetration more than doubled since June 2007 to 47 percent or 4.4 million subscribers.


Follow Us

Join the newsletter!

Error: Please check your email address.

Tags Telstrasol trujilloprofitinternational news

Featured

Slideshows

Kiwi channel closes 2017 with After Hours

Kiwi channel closes 2017 with After Hours

The channel in New Zealand came together to celebrate the close of 2017, as the final After Hours played out in front of a bumper Auckland crowd.

Kiwi channel closes 2017 with After Hours
Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP honoured leading partners across the channel at the Partner Awards 2017 in New Zealand, recognising excellence across the entire print and personal systems portfolio.

Meet the top performing HP partners in NZ
Tech industry comes together as Lexel celebrates turning 30

Tech industry comes together as Lexel celebrates turning 30

Leading figures within the technology industry across New Zealand came together to celebrate 30 years of success for Lexel Systems, at a milestone birthday occasion at St Matthews in the City.​

Tech industry comes together as Lexel celebrates turning 30
Show Comments