Telstra expects 1% growth in second-half turnover and 5% rise in pre-tax profit

Telstra said that the growth in the second-half turnover would slow down as a result of the decreasing clients and lowered telephone charges. It expected that the turnover would post a slight rise of 1%, and the growth rates of income, expense and pre-tax profit would stand at 3%, 2% and 5% respectively. 

The company has made provision for the ailing One. Tel and upgraded the provision for bad debts.

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