Telstra records profit and CEO pay rise as remote areas struggle for service

Telstra has blamed natural disasters for long outages in remote areas of Australia. But does that fully exempt them from blame?

Aug 13 : Australia's Telstra Group unveiled a A$1 billion ($705.9 million) share buyback on Thursday and reported a marginal rise in annual profit, driven by growth in its mobile business and higher customer spending.The telecom firm posted profit attributable of A$2.24 billion for the year ended June 30, up 3.2 per ce