Telstra’s revenues will remain flat in 2010 (FierceTelecom)
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 …
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