Telstra’s Strong Performance in Mobile and Landline Services Sees Billion Dollar Profit

Telstra’s Strong Performance in Mobile and Landline Services Sees Billion Dollar Profit
A Telstra store on Melbourne's central business district in Melbourne, Australia on June 20, 2018. William West/AFP via Getty Images
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Telstra says its full-year profit has risen 13.1 percent to $2.1 billion (US$1.34 billion) thanks to strong performance from its mobile and consumer businesses, while aspects of its fixed-line enterprise have experienced headwinds.

The company’s total income rose 5.4 percent to $23.2 billion in the 12 months to June 30, with underlying earnings before interest, tax, depreciation and amortisation up 9.6 percent to $8 billion.

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