Telecommunication Report

Friday, August 11, 2006

Telstra’s annual profit falls 26%

Telstra’s annual profit falls 26%
By Lyndal McFarland —Barbara Adam in Canberra contributed to this article.
The Wall Street Journal Europe
11 Aug 2006

SYDNEY— Prominent Australian telecommunications company Telstra Corp. reported a 26% drop in fiscal- year net profit and warned of a weak first-half result, casting further doubt on the Australian government’s US$19 billion privatization... read more...

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