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Business

Telstra say sorry over executive bonuses

Telstra has apologised to shareholders for a lack of clarity about how it calculates executive bonuses and acknowledged that some investors still feel they are too high despite a 30 per cent cut.

Business

Telstra's profit falls and there's more pain to come

Telstra has warned of increased competition and the continued impact of the NBN rollout on its bottom line in the current financial year, after the telco giant’s full-year profit dropped 8.4 per cent to $3.56 billion.

Business

Telstra to cut 8000 jobs - thousands of SA workers face uncertainty

Telstra is slashing 8000 jobs across Australia as it tries to save $1 billion but won’t say how many of its 3000 South Australian workers will be affected.

News

Telstra grapples with widespread mobile outage

UPDATED | Telstra customers are reporting outages across both the 3G and 4G networks, and a map produced by fault tracking site Aussie Outages shows the problem is affecting a number of metropolitan hubs around the country.

Business

Telstra takes $273m hit from US venture

Telstra will take a $273 million hit in its first-half results after writing off the value of its US streaming business.