Telstra has reaffirmed its guidance for 2015, continuing the momentum that saw the telco deliver a 14.3 per cent jump in profits in the last financial year.
Speaking at Telstra's strategy day on Thursday, chief executive David Thodey said there were no changes to the guidance of low, single-digit income and earnings growth in the 2015 financial year.
"I'm pleased to report that the positive business momentum that we reported last year has continued into the first quarter of this financial year," Mr Thodey told analysts and institutional investors.
In the last financial year, Telstra reported a 14.3 per cent increase in its full-year, after-tax profit to $4.28 billion. Revenue increased by 3.5 per cent to $25.3 billion, slightly better than analysts had expected.
"The iPhone 6 launch was pleasing for us and postpaid handheld ARPUs are continuing to improve," he said.
Growth in the mobiles market is continuing to moderate, Mr Thodey said, and there have been some deactivations in Telstra's prepaid subscriber base.
However, strong mobile revenue trends have continued into the first quarter, Mr Thodey said.
In the 12 months to June 31, Telstra added 937,000 mobile subscribers over the year, most of them in the first half, as customers have continued to switch from Optus and Vodafone. Telstra has 16 million mobile subscribers.
Mr Thodey said Telstra was seeing improve profits in data. "We've been putting technology in that carries the data at such a low cost. We're one of the best performing mobile businesses around that I know of," Mr Thodey said.
The telecommunications company is continuing to push into Asia, and chief financial officer Andy Penn said he saw a massive opportunity for growth in data in the region.
"In Asia it's interesting that many users of the internet, which are growing rapidly in Asia, actually used the internet for the first time from a mobile device, not from a fixed service," Mr Penn said. "There's a very different, they're very rapid adopters of technology."
