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Telstra profit up 10pc, beats expectations
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Shares drop as banks sold down
Australian stocks have extended losses, with banks leading the falls on profit-taking in the wake of National Australia Bank's results. In afternoon trade, the benchmark S&P/ASX200 index was down 51.9 points, or 1.1 per cent, at 4701.6, while the broader All Ordinaries fell 49.9 points, or 1 per cent, to 4705. Among the sectors, ...
about 1 month ago
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'T-Box' unveiled as Telstra spruiks superfast broadband
By: voiceofkashmir
In what signifies a hotting up in the home entertainment market, Telstra has announced the release of a new digital set-top box it has christened the 'T-Box'. Holly Kramer, Telstra's director of product management, said the unit gives users the ability to view and record free-to-air TV, pause and rewind live TV, and gain integrated access to ...
4 days ago
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By: MohammadHassan
Online search giant Google says the worst of the recession is over as it reported quarterly profit and sales that rose from year-earlier results and easily topped Wall Street's forecasts. "Google had a strong quarter-we saw 7 percent year-over-year revenue growth despite the tough economic conditions," said Eric Schmidt, Google's chief executive, ...
about 1 month ago
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The two giants unite to face (Google) .. Expectations of the ...
By: mohammedd
Is expected to announce in the coming hours of the Americas agreement between the two giants (Yahoo) and (Microsoft) in the field of search engines, so that together can compete with the biggest giant in this area is the engine (Google). According to reports it was not known whether the parties have signed any formal agreements for the completion ...
20 days ago
- News Source: Sydney Morning Herald | 3 months agoTelstra's results paint a picture of comfortable middle age when the money suddenly starts rolling in. The kids have left home (the workforce headcount is down 11,665 from 2005 – Sol Trujillo's legacy ), aside from regular maintenance the house...
- News Source: New Zealand Infotech Weekly | 3 months agoTelstraClear said earnings before interest and tax (Ebit) more than doubled to $18 million in the year to June 30 from a year ago. The increase in Ebit from $7.5m in the same period last year was achieved on a 2.8 percent increase in revenue to $703m.
- News Source: Androscoggin News | 3 months agoTelstraClear has seen its operating earnings rise to $132 million. The phone company says revenue also rose slightly to $671 million as growth in consumer sales compensated for sluggish business markets. It says an improved network in Christchurch...
- News Source: The Age | 3 months agoThe final payout, disclosed in Telstra’s annual report released today, takes Mr Trujillo’s cash earnings during his tenure of almost fours to more than $30 million. His termination benefits included $3 million for 12 months’ fixed pay and $764,...
- News Source: Australian Broadcasting Corporation | 3 months agoTelstra has announced a full-year profit of $4.07 billion, which compares with $3.7 billion last financial year, and comfortably beats the median analyst estimate of $3.8 billion. Telstra says it has experienced strong growth in revenue and earnings...
- News Source: Uinta County News | 3 months agoS main objective when it comes to a national broadband network (NBN) is to protect value for its shareholders, chief executive David Thodey says. Under Mr Thodey, Telstra has taken a cooperative approach with the Federal Government on its plans for...
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