{"id":1028509,"date":"2026-08-13T08:01:01","date_gmt":"2026-08-13T02:31:01","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1028509"},"modified":"2026-08-13T08:13:45","modified_gmt":"2026-08-13T02:43:45","slug":"australias-telstra-posts-3-2-rise-in-annual-profit-unveils-further-706-million-buyback","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/13\/australias-telstra-posts-3-2-rise-in-annual-profit-unveils-further-706-million-buyback\/","title":{"rendered":"Australia&#8217;s Telstra posts 3.2% rise in annual profit, unveils further $706 million buyback"},"content":{"rendered":"<p>Australia&#8217;s Telstra Group announced an additional share buyback of up to A$1 billion ($705.90 million) on Thursday and reported a 3.2% rise in annual profit, driven by growth in its mobile \u200cbusiness and \u2060higher customer \u2060spending. <\/p>\n<p>The telecom firm posted attributable profit of A$2.24 billion for \u200bthe year ended June 30, up from A$2.17 billion \u200ba year earlier but below a Visible Alpha consensus estimate of A$2.30 billion. <\/p>\n<p>Telstra announced the further share buyback \u200bafter completing an A$1.25 billion repurchase \u2060programme in \u200cJune, citing earnings growth and balance-sheet \u200bstrength.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australia&#8217;s Telstra Group announced an additional share buyback of up to A$1 billion ($705.90 million) on Thursday and reported a 3.2% rise in annual profit, driven by growth in its mobile \u200cbusiness and \u2060higher customer \u2060spending. The telecom firm posted attributable profit of A$2.24 billion for \u200bthe year ended June 30, up from A$2.17 billion \u200ba year earlier but below a Visible Alpha consensus estimate of A$2.30 billion. Telstra announced the further share buyback \u200bafter completing an A$1.25 billion repurchase \u2060programme in \u200cJune, citing earnings growth and balance-sheet \u200bstrength.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-1028509","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1028509"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028509\/revisions"}],"predecessor-version":[{"id":1028533,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1028509\/revisions\/1028533"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1028509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1028509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1028509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}