Telstra Corporation Ltd (ASX: TLS) has reported a net profit of $4.23 billion, a figure broadly in line with analyst expectations.
While net profit fell 5.8 per cent for the period, this was due to the sale of the CSL Hong Kong mobile business.
Total income increased 2.3 per cent to $26.3 billion and EBITDA increased 2 per cent to $10.8 billion.
Telstra's mobile subscriber base grew by 300,000 to hit 16.7 million at June 30.
The telco giant will increase its full year dividend to 30.5 cents per share.