The Business Times

Telstra

Companies & Markets

Telstra logs higher annual profit, announces A$1 billion buyback

TOP Australian telecom firm Telstra Group forecast higher operating earnings for fiscal 2026 and reported a 31 per cent rise in its fiscal 2025 profit on Thursday, driven by sustained growth in its mo...

The 550 affected roles represent less than 2 per cent of Telstra’s total full-time workforce of 31,876, as of the end of last year.
Telcos, Media & Tech

Australia’s Telstra to axe 550 roles in enterprise business overhaul

The decision comes after the telco cut about 1,900 jobs last year

Telstra posted a net profit of A$1.03 billion for the six months ending Dec 31, in line with the Visible Alpha consensus estimate and ahead of the A$964 million reported a year ago.
Companies & Markets

Telstra’s profit jumps, announces A$750 million share buyback

TOP Australian telecom firm Telstra met consensus expectations for its first-half profit on the back of its mobile business and announced an A$750 million (S$639 million) share buyback, citing cost di...

Earlier this year, Telstra, which employs some 30,000 staff, announced plans to scale-up its use of AI tools in customer service.
Telcos, Media & Tech

Telstra to slash up to 2,800 jobs

LEADING Australian telecoms company Telstra said on Tuesday it would slash up to 2,800 jobs, shedding nine percent of its workforce as it keeps pace with “rapid advances in technology”.

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