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General

Telstra's FY profit plunges nearly 40%, EBITDA down 21% on NBN impact

Thursday 15 August 2019 | 09:09 CET | News
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According to Telstra, the largest reason for the decline in EBITDA was the impact of the NBN. To date, Telstra estimates the NBN has adversely impacted EBITDA by AUD 1.7 billion since FY16. The operator also estimates it is around 50 percent of the way through the recurring financial impact of the NBN.

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Categories: General
Companies: Telstra
Countries: Australia
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