Original article by Mitchell Bingemann
The Australian – Page: 17 : 15-Aug-14

Telstra has announced a 2013-14 full-year net profit of $A4.28bn, on a revenue rise of 3.4% to $A25.1bn. The best result in close to 10 years comes as the Australian-listed telco invests in new acquisitions to boost its footprint in the media content sector, after offloading the CSL mobile telephony asset in Hong Kong. The final distribution is up $A0.005 to $A0.15, for a 12-month payout of $A0.295. CEO David Thodey also announced a stock repurchasing scheme worth $A1bn, and on 14 August 2014 the shares closed at a price of $A5.56 last witnessed in 2002

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