Business

Telstra product revenue up 1.1%

AUSTRALIA'S biggest telephone company reported annual revenue growth of 1.3% in the year to June, a company announcement said on Thursday.

The Telstra full financial year report said product revenue growth was up 1.1%, to $25,368million, on the back of a $679million surge in mobile sales, and $139million rise in Foxtel distribution and the Federal Government's National Broadband Network.

Once the nation's monopoly provider of landline telephone, the results show the huge increased take-up of mobile telephonic and internet devices, with the company now recording some 13.8million mobile customers, up 1.6million sales on the 2010-11 fiscal year.

But the report also said only low single-digit growth was likely for shareholders in 2013.

It also reported about $1.1billion in productivity benefits, while its international assets increased 7%, with a 27.3% fall in Chinese digital media offset by a 24.5% rise in "global connectivity" assets.

Topics:  nbn, telstra



6 things to do this weekend

Palmers Island Public School students Ruby Martini, Ashleigh Sanna and Daeja Parker.

Are you looking for something to do this weekend?

800 jobs on offer in next step of highway upgrade

Clarence MP Chris Gulaptis, Deidre Randell from RMS and Page MP Kevin Hogan dig the first soil on for the Glenugie to Tyndale Pacific Highway build.

Latest section of upgrade will create 800 new jobs

Mum survived tiger snake bite in pregnancy, now bub's here

SAFE ARRIVAL: Chloe Milton, of Casino, who was bitten by a tiger snake while still pregnant.

Doctors couldn't tell Casino mum whether poison would affect baby

Local Partners

Get ready to rock out in the clover at Pillar Valley

The Ninth Chapter will head to Pillar Valley on Sunday to join the local talent lining up for Rocktober in the Clover.

Get ready to Rocktober in the Clover on Sunday

Kim Kardashian West wants restraining order against prankster

She was attacked by Vitalii Sediuk for the second time in two years

Caravana Sun and friends set to shine at Yamba

GROOVE: Caravana Sun are set to rock Yamba Golf Club on Friday, September 30 along with friends Nocturnal Tapes and Nick & Sam.

Caravana Sun and friends set to shine at Yamba

Cliff Richard to release 101st album

Sir Cliff Richard's album cover

Sir Cliff Richard is to release his 101st album

Justice Crew: Grafton to host one of only seven shows

Pop sensations Justice Crew are heading to the Clarence next on Thursday, October 6 o perform their new show It's What We Do.

Justice Crew brings new show to Saraton Theatre

Beach-side real estate starts at $85k on Fraser Coast

HERVEY BAY REAL ESTATE: You can buy this townhouse in Scarness for under $300k.

Live your beach-living dream locally.

Clarence Valley property prices go through the roof

Buyers are hungry to sink their teeth into the Clarence Valley

UPDATE: Former rodeo champ's sale rained out, now back on

Larkhill local Ken Consiglio is having an auction of most of the things on his property.

'People kept showing up and we had to turn them away'

Couple build their own 'tiny house' for $45k

Holly Bowen and Oli Bucher built their "tiny house" themselves, only hiring a plumber and an electrician. Photo/supplied

The house, which is built on a trailer and can be towed.

Sunshine Beach property breaks real estate record

The property overlooks Sunshine Beach, as the backyard lawn meets the sand.

Sunshine Beach mansion sale smashes real estate record

NEW HOME: Agents to the rescue for family of nine

RELIEF: Tanya Cone (middle) with her kids and McKimm's Real Estate property managers Regan Firth and Nadine Greenhalgh who helped find her family a home.

DEX article prompts property managers to help family find new home