Telstra today announced their mid year results, and there’s some interesting numbers in there. Let’s take a look.
Since David Thodey announced they were undertaking a new plan to not piss off focus on their customers, things have been looking pretty good for the Telco. According to today’s mid-year results, Telstra has attracted:
• 919,000 additional mobile customers, including 297,000 additional postpaid handheld and 505,000 additional wireless broadband subscribers
• 139,000 additional fixed broadband customers, compared with a decline of 30,000 in the first half of 2010
• 214,000 additional T-BoxTM and T-HubTM services • 420,000 more customers on bundled multi-product plans.
Now that Telstra aren’t charging a ridiculous surcharge on their (admittedly superior) mobile services, it seems customers are flocking to them en masse. Keep in mind that those figures are only over the second half of last year – almost a million new mobile customers in a population of 22 million is impressive.
Thodey also emphasised that their deal with NBNCo is travelling along nicely, with key financial terms with NBNCo finalised and an in-principle agreement with the government reached over what specific measures are going to happen in the transition. While there is still work to be done, Thodey claims that Telstra are “still on track to put the proposal to shareholders with a target date of 1 July 2011″.
Greg
Thursday, February 10, 2011 at 12:10 PMSurely wouldn’t have anything to do with the fact that the other mobile carriers’ networks have been absolute rubbish over the last year or so either!
sam
Thursday, February 10, 2011 at 2:41 PMprobably has to do with Telstra having the best network…
mogwai888000@hotmail.com
Thursday, February 10, 2011 at 7:37 PMInterestingly enough even though they have increased their mobile subscriber base by such a big figure their profits are down massively.
Conceqently, as just seen by the 1 minute minimum call change, Telstra prices are going to rise unless they want to put themselves out of business. Its a classic bate and switch tactic that works well with mobile phone services as the user is effectively locked in and will usually put up with numerous small price rises that are designed not to be noticed. This will continue until their competitors fix their terrible networks and can be competative again..