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Construction needs cloud flexibility
Australia’s embattled construction sector could benefit from cloud based information systems that can be switched on and off in lockstep with individual projects – with the exception of those organisations based in remote areas like the Kimberleys.
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Telstra $245m earnings drop as PSTN withers
Stan Beer
Friday, 10 February 2006 04:01
Telstra has announced a 10.3% drop in earnings for half year ended 31 December 2005 compared to corresponding half in 2004, driven largely by its withering PSTN business.
Earnings for the half were $2.140 billion compared to $2.385 billion in 2004, while revenue was up $220 million to $11.614 billion compared to the 2004 half.
The best performing businesses for Telstra were internet, mobiles and directories, which all posted significant revenue increases.
'¢ Internet and IP solutions revenue grew by 42.3% or $264 million
'¢ Mobiles revenue grew by 4.6% or $109 million
'¢ Advertising and directories revenue increased by 6.3% or $56 million
The increases, however, were largely offset by Telstra's rapidly declining PSTN business, which dropped 7.6% or $313 million.
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