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



Dispute over Senior Citizens donation

The Grafton Community Centre will be the headquarters for Headspace.

Group to get some of donation money back

Dirtgirl first choice on Second Hand Saturday

Dirtgirl led a large contingent of kids around the Maclean Community Preschool on her first stop of a tour of the many Second Hand Saturday garage sales throughout the Clarence Valley.

Kids flock to see popular character at Maclean preschool

What your coffee says about you

What coffee you drink says a lot about your personlity, the experts say.

WELL this is an awkwardly accurate account...

Local Partners