Business
Telstra’s Penn signals support for Foxtel IPO as investors cheer buyback – Sydney Morning Herald
Telstra chief executive Andy Penn has declared the telecoms giant has reached a tipping point after a rise in profits allowed…
Telstras statutory earnings fell 14.2 per cent to $7.6 billion, while total income fell 11.6 per cent to $23.1 million for the 2021 financial year.
The fall in income was partly due to an 8.1 per cent drop in mobile revenue to $9.3 billion. The decline…
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