Telstra forecasts annual growth

Plan to cull 12,000 jobs by 2010 will continue

Telstra (ASX: TLS) is expecting a total revenue growth of around 3% a year up until 2010, according to Telstra CEO Sol Trujillo.

In a presentation to the Lehman Brothers Global TMT Conference, held in New York over may, Trujillo announced that Telstra was expecting a total revenue growth of 3-4 percent for this financial year. They are also projecting to maintain that growth up until 2010.

On the flip side, the 2005 plan to cull 12,000 jobs by 2010 will continue. By the end of last year nearly 8,000 jobs had already been lost, and Telstra plans to cut a further 4,000 in the next two years.

Trujillo also informed conference-goers that Telstra is currently the 12th largest telecommunications company in the world.

The company's revenue from fixed-line phones is in decline, whereas its revenue from mobile phones is growing by double digits.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Dylan Bushell-Embling

Computerworld
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?