Telstra reports increased revenue and profit

Company News


Telstra Corporation Ltd (ASX:TLS) has reported an increase in net profit of 9.7 per cent for the first half of Fiscal 2014. Australia’s largest telco also reported an increase in total income of 4.1 per cent to $12.8 billion. CEO David Thodey reported that nearly 740,000 new domestic customers were added in the first half as well as an increase in Network Application and Services and international business of nearly 30% in both categories. Telstra today confirmed it was on track to meet its full year guidance and announced an increased interim dividend of 14.5 cents, distributing $1.8 billion to shareholders. 

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