Telstra’s Half Year Result 13 Feb 20: Telstra (TLS) keeps costs in check as profit falls on NBN rollout

Australia’s largest telco has released a first half profit result in-line with its own company guidance. Compared to the same time last year, net profit fell 7.6% to $1.14 billion with total income slipping by 2.8% to $13.4 billion but reported EBITDA increased 12.1% to $4.8 billion.

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