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Telstra earnings exceed forecast
2015-02-12 15:15:43| Telecom - Topix.net
The billions Telstra has spent on its mobile network and new spectrum have allowed it to further open its lead on competitors and deliver earnings that were ahead of market expectations. It continues to increase its number of mobile subscribers but more importantly, customers are spending more money on these devices as the 4G and 4Gx-enabled phones become more widely available and customers ramp up data use.
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earnings
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telstra
Telstra net profit jumps 21.7% to AUD 2.1 bln in H1
2015-02-12 12:31:00| Telecompaper Headlines
(Telecompaper) Revenue from Australian operator Telstra's mobile business grew by 9.6 percent to AUD 5.3 billion for the six months ended 31 December 2014. Fixed data revenue increased by 7.8 percent, while fixed voice revenue fell 6.9 percent. Overall, revenue from Telstra's fixed business declined 1.7 percent, to AUD 3.5 billion in the 6-month period. Revenue from Telstra's Network Applications and Services (NAS) product line rose 18.1 percent to AUD 1 billion. International NAS revenues increased by 28.1 percent to AUD 41 million.
Telstra to Canberra: We need certainty
2015-02-12 03:56:46| Telecom - Topix.net
Telstra chief executive David Thodey says Australian businesses want the Abbott government to move on from its recent leadership tensions so they can plan for the future. Speaking after Australia's biggest telco announced a record $2.1 billion half year profit, Mr Thodey said business wanted stability in Canberra.
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Telstra tipped to share the love
2015-02-11 19:32:36| Telecom - Topix.net
Telstra is expected to have lifted profit to more than $2 billion in the financial year so far, and is likely to share the spoils with its massive shareholder base. Analysts will be watching for any announcements from chief executive David Thodey on Thursday about plans for the telco giant's $4 billion-plus cash reserves.
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telstra
Telstra half year profit to exceed $2b
2015-02-10 07:21:08| Telecom - Topix.net
Telstra is expected to have made a profit of more than $2 billion in the six months to December, but an even larger number is set to attract the most attention. Analysts expect the country's number one telco to reveal a $4 billion-plus pile of cash when it reports to the market on Thursday, a massive war chest that presents chief executive David Thodey a dilemma.
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