TLS telstra group limited

News: TLS Australia's Telstra posts 7.6% fall in half-year profit

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    Feb 12 (Reuters) - Australia's largest telecom firm Telstra Corp (TLS) posted a 7.6% fall in its half-year profit on Thursday, hurt by continued pressure from the rollout of a state-owned broadband network and higher competition in the mobile market.

    Net profit fell to A$1.14 billion ($767.90 million) for the six months to Dec. 31, from A$1.23 billion a year earlier.

    Telstra declared total interim dividend of 8 Australian cents per share.

    ($1 = 1.4846 Australian dollars)

 
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