Business
Telstra sees profit slide by 14 per cent, maintains dividend – Sydney Morning Herald
Telstra’s profit has fallen by 14.1 per cent as the coronavirus pandemic and the national bushfire crisis put pressure on the telco.
“It says a lot about the strength of our business and strategy that through all this we were able to meet guidance, maintain the dividend and provide guidance for the year ahead,” Mr Penn said.
Mobile revenue fell $461 million, or 4 per cent, for the full financial year to $10.1 billion, due to declines in average revenue per user for postpaid and prepaid customers and fewer people buying mobile phones. International roaming fell by $75 million, also contributing to the revenue fall.
Fixed rev…
-
Noosa News23 hours agoA World-Premiere Exhibition Dedicated to Crocodiles Is Snapping Its Way Into Queensland Museum Kurilpa, Then Touring Nationally
-
Noosa News20 hours agoWhales return to Noosa as shark nets spark controversy
-
Noosa News13 hours agoBlute’s Bar Is Picking Up Where The Bearded Lady Left Off, Adding Live Music to Its Late-Night Karaoke Sing-Alongs
-
Noosa News22 hours agoBrisbane news LIVE updates: One person dead and long delays on Gateway Motorway after crash