TLS News: Australia's Telstra sees higher core earnings in fiscal 2024 - 17th Aug 2023, 8:30am

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(Reuters) - Australia's Telstra on Thursday forecast higher underlying core earnings after it posted a 14% jump in annual profit, riding on strong growth in its mobile business and an increase in postpaid prices.

The country's largest telecoms firm said it expected underlying EBITDA for fiscal 2024 in the range of A$8.2 billion to A$8.4 billion, compared with A$7.86 billion in fiscal 2023.

The upbeat report comes amid the company's decision to not appeal the Australian Competition Tribunal's d...

>>> Read more: Australia's Telstra sees higher core earnings in fiscal 2024
 
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