Telstra has reported full-year profits of $1.8bn off the back of a strong performance in its mobile business, just a month after announcing price rises for mobile plans of up to $4 a month during a cost-of-living crisis.
Profits were down 13% at Australia’s largest telecommunications company, as it reported $23.5bn in total income for the 2024 financial year, with earnings before interest, tax, depreciation and amortisation of $7.5bn.
