Telstra Corporation’s (TLS) Full Year Result 15 August 19: Telstra continues to be weighed by NBN rollout costs

Australia’s largest telco, Telstra (TLS) has announced reported total income of $27.8 billion, down 3.6% on the prior year. There were larger declines for Earnings before income, tax, depreciation & amortisation (EBITDA) which was 21.7% lower to roughly $8 billion and net profit fell 40% to $2.2 billion.

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