Thursday 15 November 2018
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Channel News Asia - 3 month ago

Australia telecom giant Telstra flags tough times as profit slides

SYDNEY: Australia s dominant telecommunications company Telstra Thursday warned of enormous challenges ahead as it posted an 8.9 percent slump in annual profit. Its net result in the year to Jun 30 fell to Aus$3.52 billion (US$2.54 billion), while revenue was flat at Aus$26 billion. Chief ...

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