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General

Telstra's profit, revenue decline in half-year period

Thursday 16 February 2017 | 08:19 CET | News
The Australian operator's revenues fell 3.5 percent to AUD 13.7 billion (excluding finance income) in the half-yera ended 31 December 2016, and EBITDA also declined 1.6 percent to AUD 5.1 billion. Regulatory decisions impacted reported first-half 2017 income and EBITDA by AUD 400 million and AUD 38 million respectively for the Mobile Terminating Access Service (MTAS) and the fixed-line services and domestic transmission capacity services Final Access Determinations (FAD), Telstra said. Net profit plunged 16.4 percent year-on-year to AUD 1.7 billion for the 6-month period.

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Categories: General
Companies: Telstra
Countries: Australia
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