Price hikes, job cuts push telco’s modest profit lift
Telstra’s stock price fell more than two percent despite the annual increase, because a closer look at the books is a less impressive figure.
For 2024/25, Telstra reported a net profit of $ 2,3 billion, with an increase of $ 715 million from Telco’s restructuring costs in operating business, with an increase of $ 1.8 billion in the previous financial year.
The underlying earnings increased by almost five percent within the guidance range to 8.6 billion dollars.
“We have achieved our fourth consecutive year of growth, which reflects the acceleration, strong cost control and disciplined capital management,” he said.
Telstra’s mobile business, in August 2024, following the price increases in mobile and internet plans by providing 3.5 percent increase in income, 3.5 percent income increased.
Customers have faced more signs between 3 and 5 dollars from July 2025.
The earnings report, in part throughout the financial year, a decrease of 0.3 percent in costs thanks to more than 3200 business deductions.
Telstra’s boss rejected that the deductions are related to the increasing artificial intelligence of the company, but said the labor force has changed.
Brady and President Craig Dunn said to investors in a message, “We know that such a change can be destructive, even sad,” he said.
“Although we need to continue to develop, our commitment is always transparent, to consult our people and to act carefully when we are clear in certain changes that we propose to do.”
More than 20,000 Telstra employees had completed at least one course at the AI Academy of the company, and the teams were thinking about how AI would be implemented in every job in Telco.
Nasıl How we apply and adopted AI and we have difficulty starting with our people, Brady Brady said, calling for a shareholders.
“Strictly begins with skill.”
The use of technology to reach autonomous or “self -healing” networks was also a key target, and the group’s Smartfix application carried out 1.5 million proactive network action in 2024.
“This meant that customers had gained a more resistant experience than they had previously been in their services, Brady said.
In addition to the earnings announcement, Telstra announced the majority sales of the cloud computing enterprise to Indian technology giant InfoS and deepened a cooperation that began in 2024.
Oliver Camplin Warner, Telstra Enterprise Group Manager, said, by combining the strong aspects of our three businesses, we create a unique offer that will help Australian enterprises grow and innovate today’s fast -moving digital landscape. ”
Telstra declared a final dividend of 9.5 cents by taking the total of the year from 30 June to 19 cents.
In addition, the shareholders announced the purchase of shares in a market up to $ 1 billion as reward.
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