The telco estimates revenue growth in the current half-year will be at just one percent, compared to five percent in the first half, leading to a shortfall of AU$400 million.
Telstra CEO Ziggy Switkowski said a number of factors were weighted towards the loss in revenue, including general economy issues.
-Competition and pricing has been quite fierce," he said.
-Further effects have been intensified by pricing in the wholesale area".
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