TLS 0.38% $3.99 telstra group limited

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    AUSTRALIA'S largest telecommunications company Telstra has reported a fall in annual profit as earnings from fixed-line products decline.

    Telstra today reported a $3.181 billion net profit for the 2005/06 year, down 26.2 per cent.

    The consensus of analyst forecasts was for Telstra to report a net profit of about $3.3 billion for 2005/06.

 
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