|Day's range||4.34 - 4.39|
|52-week range||4.00 - 5.86|
|PE ratio (TTM)||9.71|
|Dividend & yield||0.34 (10.27%)|
|1y target est||N/A|
Australia's dominant telecommunications company Telstra Thursday reported a surprise slump in first-half profit with its fixed-line and mobile businesses taking a hit amid increased competition and a shift towards digital. Net profit after tax for the six months to December 31 fell 14.4 percent to Aus$1.79 billion (US$1.38 billion) from the previous corresponding period. The figure sent Telstra's share price tumbling 4.43 percent to Aus$4.96 in mid-day trade in Sydney.
Australian Rules football has secured the biggest sports rights deal in Australian television history, a Rupert Murdoch-backed Aus$2.5 billion (US1.8 billion) agreement which will be a huge boost for the popular domestic code. The six-year deal, struck late Tuesday, will see Channel Seven, Foxtel and Telstra continue as the sport's broadcasters from 2017 until 2022. The agreement comes barely a week after the National Rugby League announced a Aus$925 million free-to-air television deal with Channel Nine which it said helped secure the long-term financial future of the game.