Australia's leading telecommunications company, Telstra, has announced a revised outlook for its full-year earnings while reporting a rise in first-half profits. Despite facing challenges in recent years, Telstra continues to maintain a strong position in the market.
Telstra's first-half profit for the current financial year has increased, indicating a positive trajectory for the company. The company reported a net profit of AUD 903 million ($632 million) for the six-month period ending December 31, 2021. This represents an impressive 11.6% rise from the same period last year.
