Telstra Sees Continued Strong Customer Growth

The transcript discusses the company's performance, highlighting a slight decline in net profit due to regulatory impacts and the sale of a business. Despite this, EBIT DA growth aligns with guidance. The company is experiencing strong customer growth and is confident in achieving its targets. The impact of the National Broadband Network (NBN) is significant, requiring cost adjustments and productivity improvements. The company is remodeling its business and investing in technology to adapt to industry changes. Growth aspirations include expanding in Asia, focusing on cloud computing and cybersecurity services.

What was one of the reasons for the company's net profit decrease?

• Sale of the auto home business

• Increase in marketing expenses

• Higher employee salaries

• Expansion into new markets

How much did the company aim to reduce its core fixed costs annually?

• 1%

• 4%

• 2%

• 3%

What is the company's strategy in response to the NBN's impact on earnings?

• Launch new product lines

• Increase marketing efforts

• Focus on international expansion

• Enhance productivity and reduce costs

Which region is a key focus for the company's growth aspirations?

• Africa

• Asia

• North America

• Europe

What type of services is the company investing in to support its growth?

• Real estate

• Manufacturing

• Cloud computing and cybersecurity

• Retail services