Telstra, Reports Strong Profit Growth

Telecom giant Telstra's profit jumps, announces $476 million buyback
By Sameer Manekar (Reuters) -Top Australian telecom firm Telstra met consensus expectations for its first-half profit on the back of its mobile business and announced an A$750 million ($475.88 million) share buyback,
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Telstra Reports Strong Profit Growth and Announces A$750M Buyback
Australias leading telecom provider, met expectations for its first-half profit, driven by its mobile segment, and announced a A$750 million ($475.88 million) share buyback. CEO Vicki Brady
Telecom firm Telstra posts higher first-half profit, announces $476 million buyback
Australia's Telstra reported a 6.5% rise in its half-year profit on Thursday, as the country's top telecom company benefited from strong performance across its segments. The company also announced a A$750 million ($475.
Telstra Announces A$750M Buyback After 1H Earnings Rise 5.8% -- Update
Revenue from postpaid hand-held services rose by 2.1%, from prepaid services by 8.4%, both helped by price rises. Mobile broadband revenue slipped 7.9%, but hardware revenue jumped 11% to A$1.27 billion due to higher sales of handsets, accessories and wearables.
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Q2 2025 Management View CEO Vicki Brady highlighted that the telecommunications sector is pivotal for Australia's future, emphasizing the role of secure and reliable connectivity in enabling transformative technologies like AI.
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