Telstra's revenues will remain flat in 2010

Facing slowdowns in both its Australian and Hong Kong markets, Telstra reduced its outlook for 2010. Coming on the heels of a challenging 2009, Telstra expects that FY 2010 revenues will remain "flattish" versus its previous forecast of "low single digit" growth.

What's contributing to Telstra's lower-than-expected growth are four factors: the strength of the Australian dollar, challenging operating conditions in Hong Kong, increased domestic wireline competition driven by Unbundled Local Loop (ULL) growth and consumer wireless substitution. However, the service provider said it will reach its $5.27 billion free cash flow target this year.

For more:
- Telecompaper has this article

Related articles

Telstra: profit up in '09, but 2010 will be tough
Telstra tries on 100 Gbps for size
Telstra gets the boot out of multi-billion $ Australia broadband project

Suggested Articles

Automating your network’s operational processes is the goal, but you can’t automate what you can’t see.

Fortinet announced on Thursday that it has bought Security Orchestration, Automation and Response (SOAR) vendor CyberSponse.

Deutsche Telekom has extended the reach of its cybersecurity protection technologies into Asia with a new security operations center in Singapore.