11 Feb 2010

Flat result reported by TelstraClear

12:32 pm on 11 February 2010

Telstraclear has posted flat revenues and profit in the six months to the end of December.

Half-yearly profit was flat at $74 million. Revenues were up, but only slightly at $348 million.

The company says growth of 14% in consumer services helped to offset a decline in the business market.

Australian parent Telstra says overall its revenues fell 2.5%, to $A12.3 billion in the first half of this year.

Despite the fall, profit was flat at $5.3 billion, due to a 5% reduction in operating expenses.