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FY08 Report - Telstra & Sensis Performing Well, Expansion into China, Starts Competing with iTunes

Telstra's CEO Mr. Sol Trujillo delivered $3.7 billion profit after tax and minority interests for the year ended 30 June 2008. Some of the key highlights of this report are Mobile services revenue grew 12.3% to $5.5 billion Retail broadband revenue grew 49% to $1.8 billion and ARPU increased 2.9%. Retail broadband customer numbers grew strongly to 3.3 million for the year resulting in a market share gain of 2 percentage points to 49% PSTN revenue was $6.7 billion, a 3.2% decline for the year compared with 4.4% in fiscal 2007. The number of retail PSTN lines has grown for 14 consecutive months. Retail sales revenue grew 5.9% for the year. Growth of 3.6% in Telstra Enterprise & Government 3G penetration more than doubled since June 2007 to 47% of our mobile base or 4.4 million subscribers, a feat unmatched by our global peer group. Optus & 3 were caught off guard, but the fight is on. Telstra continues to gain around 20,000 wireless broadband subscribers per month with 5...