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Australia’s Telstra narrows annual outlook, posts interim profit beat

Australia’s Telstra Group’s half-year profit beat estimates on Thursday, supported by its mobile business segment and cost control, while tightening its earnings forecast for fiscal 2026.

Price increases across most of the firm’s mobile plans took effect in July last year, positioning it as the top telco services provider in a highly competitive three-player sector.
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Telstra has also taken steps to lift earnings and sharp… [955 chars]

Source: Reuters | Published: 2026-02-18T20:43:20Z

Credit: Reuters

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