Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
The market value of Telstra fell $1.7 billion yesterday in the wake of
its annual results announcement, despite a record profit. The fall came
after new CEO, Sol Trujillo, revealed what he said was a raft of
problems inside the Telco, and after CFO, John Stanhope, said the
impact of intensifying competition and accelerating declines in PSTN
voice revenues was clear in a slower second half, and that this trend
was expected to continue into the future.
Telstra reported net profit increasing $329 million, eight percent, to
$4.447 billion. Underlying sales revenue increased by 3.7 percent or
$770 million, to $21.5 billion, due mainly to growth in broadband,
mobiles, advertising and directories, pay TV bundling, and offshore
services revenue. This was offset by a decline in PSTN calling products
as migration to other products occurred.
Total PSTN products revenue declined by 3.4 percent or $275 million for
the year with a decline of 1.9 percent in the first half and 5.1
percent in the second. Basic access lines declined over the year by 1.6
percent to 10.12 million. An increase in basic access revenue was
offset by volume and yield declines across local calls, international
direct and national long distance products.
Mobile services revenue, including wholesale mobiles, grew by 8.4
percent or $290 million. Telstra added 168,000 mobile SIOs in the
fourth quarter for a total of 8.227 million, an increase of 623,000 or
8.2 percent for the year. SMS volumes grew 18 percent to 2.3 billion
messages for the year. Total internet and IP services revenue grew by
$364 million or 35.9 percent to $1.4 billion. Total broadband revenue
grew $307 million driven by subscriber growth of 116.4 percent from
806,000 to 1.744 million.
David Bass
| ComOps, a leading Australian provider of business software products and services, has won a competitive tender to deploy its Salvus safety, r…
How to Make Business Discovery Work for Your Business
Business Discovery takes its cues from consumer apps. Like Google, it encourages us- ers to hunt for and explore data without worrying about or even noticing the underly- ing technology. Their entire experience is working within an intuitive interface to get real-time, self-service results with only minimal training. ...more
Try an easy-to-use set of web-enabled
tools for business-class productivity services. Office 365 provides
anywhere-access to email, important documents, contacts, and calendars
on almost any device.
Latest Headlines from IT INDUSTRY
