AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
TELSTRA, OPTUS DISMISS REPORT OF OVERCHARGING.
MELBOURNE, Sept 2 Asia Pulse - Telstra (ASX:TLS) has dismissed a report accusing it and rival telco Optus of overcharging customers by more than $A2.3 billion ($US1.26 billion) a year.
Telstra's director of communications and strategic affairs, Michael Herskope, said the report was a piece of nonsensical self-promotion by consulting company Vircom.
He said he had never heard of the company, nor the report.
An Optus spokesman said the same.
The report, published in today's Sunday Herald Sun, accused the companies of overbilling ranging from four per cent to 24 per cent, with an average discrepancy of 12 per cent.
According to the report, the discrepancies resulted because new services, products and rate plans were introduced faster than computerised billing systems could be adapted.
Mr Herskope told AAP that Telstra's billing services were accredited under the international standard ISO 9001, which required a rigorous external audit.
- Telstra reports profit drop of 26.2%.
- News wire article from: Bulletin Wire August 10, 2006 700+ words
...from fixed-line products decline. Telstra reported a $3.181 billion net profit...consensus of analyst forecasts was for Telstra to report a net profit of about $3.3 billion for 2005/06. Telstra said its results were at the better...
- Telstra reports lower yr net profit of $3.66 bln.
- News wire article from: Asia Africa Intelligence Wire August 28, 2002 700+ words
...Aug 28 AAP - Telecommunications giant Telstra Corp Ltd today reported a 9.8 per cent...declined 9.5 per cent to $20.8 billion. Telstra said the decline in total revenue and...previous year including large asset sales. Telstra chief executive Ziggy Switkowski said...
- TELSTRA REPORTS LOWER 1ST HALF NET PROFIT.
- News wire article from: AsiaPulse News February 9, 2006 700+ words
SYDNEY, Feb 9 Asia Pulse - Telstra Corp Ltd (ASX:TLS) says it expects...earnings fall in the near term," Telstra chief executive Sol Trujillo said...in shareholder value over time." Telstra said its total income or revenue rose...
- WRAP - Telstra reports lower yr net profit of $3.66 bln (update).
- News wire article from: Asia Africa Intelligence Wire August 28, 2002 700+ words
...Aug 28 AAP - Telecommunications giant Telstra Corp Ltd today reported a 9.8 per cent...declined 9.5 per cent to $20.8 billion. Telstra said the decline in total revenue and...previous year including large asset sales. Telstra chief executive Ziggy Switkowski said...
- Australia's Telstra reports slight boost in net profit.
- News wire article from: The America's Intelligence Wire February 9, 2005 700+ words
...Australian telecommunications giant Telstra on Thursday posted a slight increase in...predictions about full year earnings. Telstra's profit result marks a 1.9 percent...expected to leave the position by July _ said Telstra had hit its target revenue growth rate...
- TELSTRA REPORTS WORST ANNUAL RESULT.
- News wire article from: AsiaPulse News August 10, 2006 700+ words
SYDNEY, Aug 10 Asia Pulse - Telstra has reported its worst annual result...Chief executive Sol Trujillo said Telstra was "taking the tough medicine...annually between now and 2010," Telstra said in a statement. Full year earnings...
- Telstra reports a 94% rise in its first half net profit on significant cost...
- Magazine article from: Telecom Asia March 1, 2004 700+ words
Telstra reports a 94% rise in its first half net profit on significant cost savings from its Reach cable joint venture with PCCW, which accounts far 80% of Telstra's total savings in the period. Net profit rises to A$2.3b ($1...
- WRAP - Telstra reports lower yr net profit of $3.66 bln.
- News wire article from: Asia Africa Intelligence Wire August 28, 2002 700+ words
...Aug 28 AAP - Telecommunications giant Telstra Corp Ltd today reported a net profit of...grew 1.7 per cent to $18.8 billion. Telstra chief executive Ziggy Switkowski said...reverse out of former business strategies. Telstra said that its satisfactory EBIT result...
- Sydney: Telstra reports full year earnings down 9.8% to A$3.66 billion ($1.7...
- Magazine article from: Telecom Asia October 1, 2002 700+ words
Sydney: Telstra reports full year earnings down 9.8% to A$3.66 billion ($1.7 billion...lower data revenues and one-off gains a year ago. The result is Telstra's first earnings decline since the 1996/97 fiscal year.
- Telstra reports a 20% jump in net profit to a record A$4.12b ($2.94b), driven...
- Magazine article from: Telecom Asia September 1, 2004 700+ words
SYDNEY: Telstra reports a 20% jump in net profit to a record A$4.12b ($2.94b), driven by cost cutting that offset weak soles growth. Sales...
Source: HighBeam Research, TELSTRA, OPTUS DISMISS REPORT OF OVERCHARGING.