Telstra 2010 Annual Report Download - page 28

13
Telstra Corporation Limited and controlled entities
Full year results and operations review - June 2010
PSTN usage decline also continued to accelerate. Local
call revenue declined by 15.0% while the number of
local calls made for the year declined by 710 million or
14.7%, or around five calls less per line per month.
There were also double digit declines in revenue for
national long distance calls, international direct and
fixed interconnection while fixed to mobile PSTN
revenue fell by 7.8%.
During the second half of the fiscal year we continued to
grow our bundle plans which now serve around
300,000 customers.
Fixed internet
• Retail fixed broadband revenue grew by 0.9% during the fiscal year with growth limited by the maturing of the
fixed broadband market, substitution to wireless products and intense competition
• Fixed retail broadband SIOs increased by 11 thousand in the second half following the release of new products
and bundled offers and price changes
Total fixed internet revenue decreased by 0.7% to
$2,144 million during the year with narrowband, fixed
wholesale broadband and hardware revenue all
declining.
Fixed retail broadband revenue grew by 0.9% to $1,547
million while fixed retail broadband SIOs fell by 19
thousand during the financial year. The decline over the
year was a consequence of trends including the
maturing of the fixed broadband market, continued
substitution to wireless broadband and the impact of
low price offers in the market based on ULL and LSS
services and prices.
In the second half of the fiscal year a number of new
initiatives were launched resulting in a gain during the
half of 11 thousand fixed retail broadband SIOs. These
initiatives included providing increased data allowances
in existing plans, attractive bundled offers, unique
content and the launch of Telstra T-Hub®.
PSTN revenue - year-on-year change % Half-year ended
Jun 2010 Dec 2009 Jun 2009 Dec 2008 Jun 2008 Dec 2007 Jun 2007
Total PSTN . . . . . . . . . . . . . . . (9.0%) (6.9%) (4.8%) (5.1%) (4.3%) (2.1%) (2.9%)
Retail . . . . . . . . . . . . . . . . . (9.0%) (5.9%) (3.2%) (1.8%) (0.6%) 0.3% (1.7%)
Wholesale . . . . . . . . . . . . . . . (9.2%) (14.2%) (15.4%) (23.8%) (23.3%) (13.7%) (8.4%)
Wholesale as a percentage of total PSTN
revenue . . . . . . . . . . . . . . . . 11.7% 11.1% 11.8% 12.1% 13.2% 15.0% 16.5%
PSTN basic access services in operation Half-year ended
Jun 2010 Dec 2009 Jun 2009 Dec 2008 Jun 2008 Dec 2007 Jun 2007
'000s '000s '000s '000s '000s '000s '000s
Retail . . . . . . . . . . . . . . . . . 7,407 7,545 7,733 7,829 7,865 7,824 7,777
Wholesale . . . . . . . . . . . . . . . 1,253 1,263 1,285 1,341 1,496 1,730 1,981
Fixed internet Year ended 30 June
2010 2009 Change Change
$m $m $m %
Fixed broadband - retail. . . . . . . . . . . . . . . . . . . . . . . . . . 1,547 1,533 14 0.9%
Fixed broadband - hardware. . . . . . . . . . . . . . . . . . . . . . . . 26 35 (9) (25.7%)
Wholesale broadband . . . . . . . . . . . . . . . . . . . . . . . . . . . 488 498 (10) (2.0%)
Narrowband . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 59 (25) (42.4%)
Internet VAS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49 35 14 40.0%
Total fixed internet revenue . . . . . . . . . . . . . . . . . . . . . . 2,144 2,160 (16) (0.7%)
Total fixed broadband SIOs - retail (thousands). . . . . . . . . . . . . . . 2,255 2,274 (19) (0.8%)
Average fixed broadband retail revenue per SIO per month (excl hardware) ($'s) 56.92 56.41 0.51 0.9%
Broadband SIOs - wholesale (thousands) . . . . . . . . . . . . . . . . . 1,739 1,691 48 2.8%
Average broadband wholesale revenue per SIO per month ($'s) . . . . . . . 23.72 24.44 (0.72) (2.9%)
Spectrum sharing services (thousands) (included in wholesale SIOs). . . . . 735 580 155 26.7%
Note: statistical data represents management's best estimates.