Feb 19 (Reuters) - Australia's Telstra Group's half-year profit beat estimates on Thursday, supported by its mobile business ...
The telco giant is reaping the rewards of aggressive cost-cutting that has shed more than 2300 jobs in six months.
Australia’s biggest telco has recorded a mammoth profit for the six months till December, with mobile phones the major contributor.
Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base ...
Telstra is preparing to shed up to 650 roles and outsource hundreds more to India in its latest cost‑cutting drive, after staff were told of proposed redundancies and offshoring plans in an email.
Telstra has experienced a strong first half for FY26 delivering a profit jump of 8.1 per cent to $1.2 billion while revenue came in at $11.6 billion, up 0.3 per cent and an earnings increase of 4.7 ...
Telstra plans to cut more than 600 enterprise staff this financial year, as well as around 200 jobs from its joint venture ...
Telstra raised the ceiling on the share buyback it announced in August to A$1.25 billion, from A$1 billion. It said the move was supported by earnings growth and the strength of its balance sheet, ...
The stock has rallied 30% since the start of 2025, supported by share buybacks and earnings growth. On Thursday, Telstra raised the ceiling on the share buyback it announced in August to A$1.25 ...
Telstra is set to offshore up to 442 technology roles on top of 209 roles in its data and AI joint venture with Accenture.
Feb 19 (Reuters) - Australia's Telstra Group's half-year profit beat estimates on Thursday, supported by its mobile business ...