Subscriber Growth Helps Telstra Meet Expectations
Telstra reported a fiscal 2013 result in line with Street expectations. The low single-digit earnings growth was driven by mobile and the network, applications and services (NAS) divisions. Mobile revenue increased 6% to AUD 9.2 billion, driven by strong subscriber growth and increase in market share. Increased demand for cloud services from corporates lifted NAS revenue by 17.7% to AUD 1.5 billion. Payment from the … Continue reading Subscriber Growth Helps Telstra Meet Expectations