Telstra Half Year ended 31 December 2012

Thursday, February 7th, 2013 
Telstra logo

MELBOURNE, Australia — Telstra Corporation Limited has released Financial Results for the Half Year ended 31 December 2012.

TV revenue grew by 0.9% to $333 million, driven primarily by IPTV Content (BigPond® Movies and Foxtel on T-Box®). Cable revenue increased by 5.2% to $61 milllion primarily due to higher FOXTEL revenue from cable customers.

Telstra has sold over 450,000 T-Box and 456,000 T-Hubs, with customers downloading over 2.4 million movies in the last 6 months.

Services in operation (SIOs):

                                    Half year ended  Dec 12 vs Dec 11  Dec 12 vs Jun 12
                       ----------------------------  ----------------  ----------------
                       Dec 2012  Jun 2012  Dec 2011   Change   Change   Change   Change
                         ('000)    ('000)    ('000)   ('000)        %   ('000)        %
                       --------  --------  --------  -------  -------  -------  -------
Pay TV bundling SIOs        507       501       504        3      0.6        6      1.2

T-Hub® Sales*               456       360       293      163     55.6       96     26.7
T-Box® Sales*               456       388       289      167     57.8       68     17.5

* Units sold are life to date.

FOXTEL

The key focus of FOXTEL, a joint venture between News Corporation and Telstra, continues to be on the growth of its subscriber base which was up 1.7% in the period to just under 2.3m. For FOXTEL the first half of 2013 included a full six months contribution from the acquisition of AUSTAR.

                          1H12*   1H13   Growth
                         ------  ------  ------
Residential subscribers  2,232k  2,270k    1.7%

* Proforma Foxtel + Austar after eliminations