Telstra Corporation Limited (ASX:TLS) has recorded a 23 per cent lift in its first half profit on the back of customer growth and maintained its full year guidance.
Australia’s biggest telco posted a net profit of $1.47 billion for the last six months of 2011, coming in slightly below expectations.
In the same period revenue rose 1 per cent to $12.4 billion and EBIDTA grew 3.7 per cent to $4.75 billion.
Telstra says its first half results were in line with its expectations despite the difficult macroeconomic backdrop.
A fully franked interim dividend of 14 cents per share has been declared.
Telstra posted a net profit of $3.25 billion in the 2011 financial year.
