TELSTRA GROUP LIMITED — Interim / Quarterly Report 2003

Apr 15, 2003

16 April 2003

The Manager Company Announcements Office Australian Stock Exchange 10th Floor, 20 Bond Street SYDNEY NSW 2000

Office of the Company Secretary

Level 41 242 Exhibition Street MELBOURNE VIC 3000 AUSTRALIA

Telephone 03 9634 6400 Facsimile 03 9632 3215

ELECTRONIC LODGEMENT

Dear Sir or Madam

Telstra Corporation Limited 02/03 Third Quarter Market Update

In accordance with the listing rules, I attach an announcement for release to the market.

Yours sincerely

North brake

Douglas Gration Company Secretary

Telstra Corporation Limited ACN 051 775 556 ABN 33 051 775 556

Telstra Corporation Limited '02/03 Third Quarter Market Update

Telstra reports pleasing trading trends in third quarter

Overview

Quarter ended 31 March 2003: underlying¹ sales revenue increased 2.6%² to \$4,824 million, driven by PSTN rebalanced products, internet and IP products, mobiles and Sensis. This was partly offset by a decline in controlled entity revenue. Total underlying¹ revenue increased 2.5% to \$4,871 million.

Underlying¹ domestic³ sales revenue increased 3.8% to \$4,554 million.

Reported sales revenue increased 2.7% to \$4,965 million, assisted by the inclusion of TelstraClear. Reported total revenue, which includes asset sales, increased 2.1% to \$5,026 million.

Fiscal year to date: underlying¹ sales revenue increased 0.8%, with total underlying¹ revenue increasing 0.5%. Underlying¹ domestic³ sales revenue increased 2.2%.

Reported sales revenue increased 2.2% with a total reported revenue increase of 6.0% due to the inclusion of TelstraClear and asset sales.

The following commentary relates to the underlying¹ revenues which management believe best reflect operating trends.

PSTN Re-balanced Products

PSTN products subject to price rebalancing grew 3.0% for the quarter ended 31 March 2003, and 2.3% to \$5,960 million fiscal year to date.

• $\bullet$ Basic access revenues grew 8.6% for the quarter, reflecting the continuation of access price rebalancing. The increase in basic access fees has generally been offset by lower local call charges and some capped long distance calls. Basic access revenues grew 9.6% to \$2,340 million for the fiscal year to date.
• Local call revenue declined 0.3% for the quarter, stabilising after a second quarter decline of 6.6%, primarily due to the removal of the five free local calls promotion. The fiscal year to date decline of 6.1% to \$1,180 million was a result of price rebalancing, lower call volumes and the migration to other products such as ISDN, internet, mobile and fixed to mobile.
• PSTN value added services increased 3.0% for the quarter, driven by increases across calling number display, call return, and messagebank products. PSTN value added services grew 4.6% to \$206 million fiscal year to date.
• National long distance revenue declined 6.2% for the quarter, due to continued strong competition and the effects of rebalancing. While volumes remained relatively flat, the effective price paid by customers decreased as a result of lowering the cap on capped calls and the higher take up of plans such as Homeline Plus. National long distance revenue declined 5.2% to \$870 million fiscal year to date.
• Fixed to mobile revenue grew 5.9% for the quarter, with volumes increasing 7.6% due to continued growth in the number of mobile services in the Australian market. Fixed to mobile revenue continues to grow strongly with growth of 6.3% to \$1,128 million fiscal year to date.
• International direct revenue has declined 8.6% for the quarter, reflecting the continued $\bullet$ competitive price pressure on calls and a 5.9% decline in international direct minutes. International direct revenue has declined 7.5% to \$236 million fiscal year to date.

Mobiles

• Total Mobile revenues grew by 5.0% for the quarter ended 31 March 2003.
• Mobile services in operation (SIOs) increased in the third quarter by 240,000, resulting in fiscal year to date growth of 9.5% to 6.3 million. These numbers are net of the 464,000 prepaid SIOs that were deactivated fiscal year to date because the recharge period had expired. Mobile telephone minutes increased 9.4% in the quarter.
• Mobile handset revenue has increased to \$103 million primarily as a result of the move away $\bullet$ from handset subsidies with a third quarter growth of 106.0%, and fiscal year to date growth of 62.5%.
• Mobile Services revenue declined 1.4% for the quarter, due to a range of factors including: $\bullet$
• the change in the mobiles business model replacing handset subsidies with the introduction of loualty bonuses which reduced the revenue line by \$28 million;
• increased utilisation of included (free or discounted) calls by customers;
• $\bullet$ the increasing proportion of prepaid customers, comprising 64.6% of the net increase in SIOs for the quarter.

The above factors were partly offset by:

strong positive trends across VAS products, including mobile data. Data revenues now comprise 10.2% of mobile service revenues for the quarter, compared to 6.8% for the quarter in the prior year. Short message service (SMS) increased 58.6% to \$86 million in the quarter ended 31 March 2003, driven by 42.0% growth in the number of messages to 380 million.

This results in a fiscal year to date decline in mobile services of 0.4% to \$2,407 million. Mobile services growth is being addressed by the introduction of new mobile plans.

Data and Internet

Total Data and Internet revenues grew by 5.4% for the quarter ended 31 March 2003, driven by:

• . Data revenue growth of 7.8% which is mainly attributable to an unusually low third quarter in the prior year. Data revenues have trended consistently for the last four quarters.
• Internet and IP increased 28.0% in the quarter, primarily due to the continued strong fiscal year to date growth in broadband subscribers⁸ of 125.8%, and narrowband subscribers of 7.0%. Internet and IP fiscal year to date revenue growth is 36.7% to \$581 million.
• ISDN declined 10.3% for the quarter primarily due to the closure of the old ISDN platform, $\bullet$ resulting in migration to the new, lower yielding platform and other products such as data and internet and IP. This resulted in a fiscal year to date revenue decline of 8.7% to \$723 million. ISDN access lines remain steady.

Sensis (Advertising & Directories)

Sensis revenues increased 19.0% for the quarter ended 31 March 2003, driven by the early issue of some regional Yellow Pages books this year. The launching of new print features in the Yellow Pages^TM, the split of residential and business customers in the White Pages^TM, and strong growth across online and electronic products also contributed to the growth. Sensis revenue increased 7.6% to \$944 million fiscal year to date.

Intercarrier Services

Intercarrier services revenue increased 4.0% for the quarter, driven by:

• increased volumes in both mobiles and PSTN/ISDN originating/terminating traffic; $\bullet$
• $\bullet$ increased SMS interconnect volumes;
• increased CDMA roaming volumes;
• partly offset by a decline in wholesale leased transmission due to excess capacity within the $\bullet$ industru:

resulting in fiscal year to date revenue growth of 4.3% to \$877 million.

Inbound Calling Products (e.g. Freecall 1800, Priority 13/1300)

Inbound revenue declined 13.5% for the quarter ended 31 March 2003, primarily due to the continued loss of customers, and competitive price pressure following the introduction of Inbound Number Portability. Fiscal year to date revenue declined 15.5% to \$372 million.

Various Controlled Entities

Underlying¹ various controlled entities revenue declined 42.3% for the quarter ended 31 March 2003, primarily due to:

• the Vietnam and Cambodia Business Co-operation Contract (BCC) revenue sharing $\bullet$ arrangement ending in March 2002 as expected, resulting in a decline in revenues of \$20 million; and
• the inclusion of Transend and Argent revenues of \$16 million in the quarter ending 31 March $\bullet$ 2002 when Telstra consolidated Keycorp. This revenue is now treated as Data revenue.

Hong Kong CSL

In local currency (HK\$), revenue increased 3.1% for the quarter ended 31 March 2003, reflecting increased handset sales and data revenue. Fiscal year to date revenues declined 3.9% representing the economic down turn in Hong Kong with reductions in mobile services revenue, SIOs and ARPU's. Australian dollar revenues declined 6.9% to \$243 million in the quarter, with the additional impact of the exchange rates contributing approximately \$36 million to the revenue decline. This is currently offset by favourable exchange rate movements across the Telstra Group. HK CSL continues to successfully manage for profitability and cash flows.

Other Revenue

Other revenue declined 7.8% for the quarter, driven by lower government tender revenue, particularly the Untimed Local Call Project. Revenue under this project was structured so that 53% of revenues were recognised in 01/02, and 23% in 02/03. Other revenue for the fiscal year to date declined 22.9% to \$158 million.

Service

Telstra's service levels continue to improve across Australia for our Urban, Rural and Remote customers as evident in the recent Australian Communications Authority report for the December 2002 quarter.

Outlook

• There is no change to the previous full year quidance foreshadowing similar underlying EBIT $\bullet$ and revenue figures to the previous fiscal year.
• Core Operating Capital expenditure is tracking below the levels for the same period last year with quidance on expenditure remaining around \$3.3 billion.
• The company continues to generate strong free cash flow from working capital and $\bullet$ expenditure management.

For enquires on this announcement contact:
David Moffatt	Wayne Treeby
Chief Financial Officer	General Manager, Investor Relations
Telstra Corporation Limited	Telstra Corporation Limited
	Phone: 613 9634 8014
	Email: Investor.relations@team.telstra.com

Footnotes:

Underlying numbers exclude revenues from TelstraClear, Keycorp and asset sales. $(1)$ All percentages relate to growth on prior corresponding period (PCP).

$(2)$ Domestic revenues exclude all offshore revenues. $(3)$

$(4)$

Mobile Services in Operation (SIOs) are net of 464,000 deactivated prepaid custamers that were outside the recharge only period. $(5)$ Statistical data is represented in millions unless otherwise stated, and represents management's best estimates.

Hong Kong CSL has been excluded from underlying revenue in fiscal 2001/2002 as it was acquired in February 2001, and as such the periods 2000/2001 and 2001/2002 are $(6)$ non comparable.

in local currency, Hong Kong CSL grew 3.1% in the quarter, and declined 3.9% fiscal year to date. $(7)$

Broadband subscribers include DSL layer 2 and 35 subscribers of 40,819 acquired in the nine months ending 31 March 2003, with nil in the nine months ending 31 March $(8)$ 2002. The revenues for these subscribers are recorded as intercarrier equating to \$6 million in the nine months ending 31 March 2003, with nil in the nine months ending 31 March 2002.

Market Update
for three months ending 31 March 2003

\$m	03 2003	Q3 2003	Q3 2002	Q3 2002	Growth	Growth
	Reported	Underfying $^{\rm 1}$	Reported	Underlying 1	Reported 2	Underlying $\overline{\phantom{a}}^{\phantom{\dagger}}$
Revenue
PSTN re-balanced products
Basic access	781	781	719	719	8.6%	8.6%
Local calls	384	384	385	385	(0.3%)	(0.3%)
PSTN value added services	68	68	66	66	3.0%	3.0%
National long distance calls	288	288	307	307	(6.2%)	(6.2%)
Fixed to mobile	375	375	354	354	5.9%	5.9%
international direct	74	74	81	81	(8.6%)	(8.6%)
Total PSTN re-balanced products	1,970	1,970	1,912	1,912	3.0%	3.0%
Mobiles
Mobile services	775	775	786	786	(1.4%)	(1.4%)
Mobile handsets	103	103	50	50	106.0%	106.0%
Total Mobiles	878	878	836	836	5.0%	5.0%
Data and Internet
Data	262	262	243	243	7.8%	7.8%
ISDN (Access and Calls)	227	227	253	253	(10.3%)	(10.3%)
internet and iP solutions.	192	192	150	150	28.0%	28.0%
Total Data and Internet	681	681	646	646	5.4%	5.4%
Sensis (Advertising and Directories)	213	213	179	179	19.0%	19.0%
Intercarrier services	284	284	273	273	4.0%	4.0%
Inbound calling products	122	122	141	141	(13.5%)	(13.5%)
Solutions management	113	113	107	107	5.6%	5.6%
Various Controlled Entities (excl HK CSL)	223	82	279	142	(20.1%)	(42.3%)
Hong Kong CSL 7	243	243	261	261	(6.9%)	(6.9%)
Customer premises equipment	51	51	43	43	18.6%	18.6%
Payphones	38	38	39	39	(2.6%)	(2.6%)
Other sales & service	149	149	120	120	24.2%	24.2%
Sales revenue	4,965	4,824	4,836	4,699	2.7%	2.6%
Other revenue Total revenue	61 5,026	47 4,871	86 4,922	51 4,750	(29.1%) 2.1%	(7.8%) 2.5%
Domestic sales revenue	4,554	4,554	4,400	4,386	3.5%	3.8%
Selected statistical data 5
Local calls (number of calls)		2,395		2,501		(4.3%)
National long distance minutes		2,278		2,285		(0.3%)
Fixed to mobile minutes		990		919		7.6%
International direct minutes		180		192		(5.9%)
Mobile telephone minutes		1,547		1,414		9.4%

Market Update
for nine months ending 31 March 2003

\$m	March 2003	March 2003	March 2002	March 2002	Growth	Growth
	Reported	Undertying 1	Reported	Undertying 1	Reported 2	Underlying 2
Revenue
PSTN re-balanced products
Basic access Eocal calls	2,340	2,340 1,180	2,136	2,136	9.6% (6.1%)	9.6%
PSTN value added services	1,180 206	206	1,257 197	1,257 197		(6.1%) 4.6%
National long distance calls	870	870	918	918	4.6% (5.2%)	(5.2%)
Fixed to mobile	1,128	1,128	1.061	1,061	6.3%	6.3%
International direct	236	236	255	255	(7.5%)	(7.5%)
Total PSTN re-balanced products	5,960	5,960	5,824	5,824	2.3%	2.3%
Mobiles
Mobile services	2,407	2,407	2,417	2,417	(0.4%)	(0.4%)
Mobile handsets	273	273	168	168	62.5%	62.5%
Total Mobiles	2,680	2,680	2,585	2,585	3.7%	3.7%
Data and Internet
Data	787	787	787	787	0.0%	0.0%
ISDN (Access and Calls)	723	723	792	792	(8.7%)	(8.7%)
Internet and IP solutions	581	581	425	425	36.7%	36.7%
Total Data and Internet	2,091	2.091	2.004	2.004	4.3%	4.3%
Sensis (Advertising and Directories)	944	944	877	877	7.6%	7.6%
Intercarrier services	877	877	841	841	4.3%	4.3%
Inbound calling products	372	372	440	440	$(15.5\%)$	(15.5%)
Solutions management	352	352	328	328	7.3%	7.3%
Various Controlled Entities (excl HK CSL)	710 727	296 727	638 838	436 838	11.3% (13.2%)	(32.1%) (13.2%)
Hong Kong CSE 7
Customer premises equipment	156	156	165	165	(5.5%)	(5.5%)
Payphones Other sales & service	113 451	113 451	117 445	117 445	(3.4%) 1.3%	(3.4%) 1.3%
Sales revenue	15,433	15,019	15,102	14,900	2.2%	0.8%
Other revenue	960	158	365	205	163.0%	(22.9%)
Total revenue	16,393	15,177	15,467	15,105	6.0%	0.5%
Domestic sales revenue	14,205	14,205	13,935	13,895	1.9%	2.2%
Selected statistical data.
Basic access lines in service		10.34		10.43		(0.9%
Local calls (number of calls)		7,414		7,748		(4.3%)
National long distance minutes		6,934		6,863		1.0%
Fixed to mobile minutes		2.945		2,752		7.0%
International direct minutes		567		590		(3.9%)
Mobile telephone minutes		4,645		4,325		7.4%
Mobile services in operation (thousands) *		6,338 1,199		5,790 1,228		9.5% (2.4%)
ISDN access (basic lines equivalents) (thousands) Foxtel SIOs (thousands)		816		794		2.8%
Broadband subscribers e (thousands)
Retail subscribers		214		115		85.9%
Wholesale subscribers		76		13		479.8%
Total Broadband subscribers" (thousands)		290		128		125.8%
Narrowband subscribers (thousands)		1,156		1,081		7.0%
Total On-line subscribers (thousands)		1,446		1,209		19.6%
ARPU - Total		\$43.56		\$48.98		(11.1%)
Prepaid		\$13.70		\$13.45		1.9%
Postpaid		\$57.97		\$61.94		(6.4%)

Telstra Corporation Limited (ABN 033 051 775 556) Nine months ending 31 March 2003

This schedule details the adjustments made to the reported results for March YTD 2003 and 2002 to arrive at the underlying business performance.

5m										Reported	Underlying
	March YTD Reported 0203		March YTD Asset / Investment Underlying 0203		March YTD Reported 0102			Asset/	March YTD Underlying 0102	Growth %	Growth $\frac{96}{2}$	Underlying Miment
Revenue		Sales TelstraClear				TelstraClear	Кецсогр	Investment Sales
PSTN re-balanced products
Basic access	2,340			2,340	2,136				2,136	9.6%	9.6%	204
Local calls	1,180			1,180	1,257				1,257	(6.1%)	$(6.1\%)$	(77)
PSTN volue added services	206			206	197				197	4.6%	4.6%
National long distance calls	870			870	918				918	(5.2%)	(5.2%)	(48)
Fixed to mobile	1,128			1,128	1,061				1,061	6.3%	6.3%	67
International Direct	236			236	255				255	(7.5%	$(7.5\%)$	(19)
Total PSTN re-balanced products	5,960			5,960	5,824				5,824	2.3%	2.3%	136
Mobiles
Mobile services	2,407			2,407	2,417				2,417	(0.4%	(0.4%)	(10)
Mobile handsets	273			273	168				168	62.5%	62.5%	105
Total Mobiles	2,680			2,680	2,585				2,585	3.7%	3.7%	95
Data and internet
Data	787			787	787				787	0.0%	0.0%
ISDN (Access and Calls)	723			723	792				792	(8.7%)	(8.7%)	(69)
Internet and IP solutions	581			581	425				425	36.7%	36.7%	156
Total Data and Internet	2,091			2,091	2,004				2,004	4.3%	4.3%	87
Sensis (Advertising and Directories)	944			944	877				877	7.6%	7.6%	67
Intercarrier services	877			877	841				841	4.3%	4.3%	36
Inbound calling products	372			372	440				440	(15.5%)	(15.5%)	(68)
Solutions management	352			352	328				328	7.3%	7.3%	24
Various Controlled Entities (excl HK CSL)	710	(414)		296	638	(162)		(60)	436	11.3%	(32.1%)	(140)
Hong Kong CSL 7	727			727	838				838	(13.2%)	(13.2%)	(111)
Customer premises equipment	156			156	165				165	(5.5%)	(5.5%)	(9)
Pauphones	113			113	117				117	(3.4%)	(3.4%)	(4)
Other sales & service	451			451	445				445	1.3%	1.3%
Sales revenue	15,433	(414)		15,019	15,102	(162)		(60)	14,906	2.2%	$-0.8%$	119
Other revenue	960	$\Omega$	(802)	158	365		$\mathbf{r}$	(160) D.	205	163.0%	(22.9%)	(67)
Total revenue	16,393	(414)	(802)	15,177	15,467	(162)		(60) (160)	15,105	6.0%	$-0.5%$	72

Telstra Corporation Limitad (ABN 033 051 775 556)
Period Ended 31 March 2003

		OTR PCP		OTR PCP		YTD PCP		QTR PCP		YID PCP		QTRPCP		YTD PCP	Q2	OTRPCP	Q2	QTR PCP	Half 1	YTD PCP	03	QTR PCP	Q3 YTD	YTD PCP
Summary Underlying` Quarterly Data	Q1	Growth	œ	Growth	Half 1 YTD	Growth	Q 2	Growth	Q3 YTD	Growth	04 QTR	Growth	۴Y	Growth	Actual	Growth	Actual	Growth	Actual	Growth	QTR	Growth	Actual	Growth
Revenue	Sep-01	$5ep-01$	Dec-01	Dec-01	Dec-01	Dec-01	Mar-02	Mar-02	Mar-02	Mar-02	Jun-02	Jun-02	Jun-02	Jun-02	Sep-02	Sep-02	Dec-02	Dec-02	Dec-02	Dec-02	Mar-03	Mar-03	Mar-03	Mar-03
PSTN re-bolanced products
Bosic access	694	\$3.6%	723	21.5%	1,417	16.4%	719	\$4.5%	2,336	15.8%	744	14.6%	2,880	15.5%	765	10.2%	794	9.8%	1,559	10.0%	783	$8.6\%$	2,340	9.6%
Local calls	446	$-9.0%$	426	$-10.73$	872	$-9.8^{\circ}$	365	-13.3%	1,257	$-10.93$	386	$-13.9%$	1,643	$-11.1%$	398	$-10.8$	398	$-6.6%$	796	$-8.7%$	354	$-6.3%$	1,380	$-6.1\%$
PSTN volve added services	66	3.3%	65	-4.4%	131	$-0.8$	66	0.03	197	$-0.5$	64	$-2.5%$	261	$-9.8%$	68	3.0%	70	7.7%	138	5.3%	68	3.0%	206	4.6%
National long distance calls	304	$-9.59$	307	$-10.0%$	611	$-9.7$	307	$-7.6%$	918	$-9.1%$	298	$-5.79$	1,216	$-8.3%$	285	$-6.39$	297	-3.3%	582	$-4.79$	288	$-6.29$	870	$-5.2%$
Fixed to mobile	345	10.6%	362	13.13	707	12.0%	354	7.6%	1,061	10.5%	358	9.5%	1,419	10.3%	371	7.5%	352	5.5%	753	6.5%	375	5.9%	1,328	6.3%
International direct	47	$-1.3%$	87	$-2.2%$	174	$-2.7$	81	$-6.79$	255	$-2.7%$	83	$-3.6%$	336	$-2.9%$	81	-6.9	82	$-6.9%$	162	$-6.9%$	74	-8.6%	236	$-7.5%$
Total PSTN re-balanced products	1,942	1.6%	1,970	4.2%	3,912	2.5%	1,912	1.47	5,824	2.4%	1,931	2.8%	7,755	2.5%	1,968	3.3%	2,022	2.6%	3,990	2.8%	1,978	$3.0\%$	5,960	2.3%
Mobiles
Mobile services	794	\$2.3%	837	14.0%	1,631	13.2%	786	6.2%	2.417	10.8%	825	8.7%	3,242	10.3%	817	2.5%	B15	$-2.6%$	1,632	0.1%	775	$-1.4%$	2,407	$-0.4%$
Mobile hondsets	44	$-25.49$	74	23.3%	115	5.41	50	0.01	168	3.7	58	16.0%	226	6.63	69	56.8	10%	36.5%	179	44.1	103	106.0%	273	62.5%
Total Mobiles	838	20.4%	911	14.7%	1,749	12.6%	836	5.8%	2,585	10.3%	983	9.1%	3,468	10.0%	886	5.7	-516	0.5%	1,802	3.0%	578	$5.0\%$	2,680	3.7%
Dota and Internet
Data	276 277	$-8.0%$	268 262	$-18.8%$	544 539	$-13.79$	243	$-23.29$	787 792	$-13.5$	263	$-4.09$	1,050 1,037	$-11.3%$	263 255	$-4.7$ $-7.9%$	262	$-2.2%$ $-8.0\%$	525 496	$-3.5%$ $-8.0%$	262 227	7.8% $-10.3%$	787 723	0.0% $-8.7%$
ISDN (Access and Calls) Internet and IP solutions	130	$-3.3%$ 23.5%	145	-5.4% 43.6%	275	$-4.39$ 31.65	253 \$50	$-7.0%$ 64.89	425	$-5.1%$ 41.7	245 1BO	$-5.8%$ 40.6%	605	$-5.3%$ 41.4%	190	46.2	243 199	37.2%	389	41.5%	192	28.0%	581	36.7%
Total Data and Internet	683	$-1.47$	675	$-4.7%$	1,358	$-3.15$	646	0.5%	2,004	$-2.0%$	656	3.9%	2,692	-0.6%	708	3.7%	782	4.0%	1,410	3.8%	6B3	5.4%	2,091	4.3%
Sensis (Advertising and Directories)	149	3.5%	549	$-2.0%$	698	$-0.75$	179	2.3%	877	$-0.1%$	258	$9.8^{\circ}$	1,335	2.0%	169	13.45	562	2.4%	731	4.7%	213	19.0%	944	7.6%
Intercorrier services	278	15.4%	290	3.2%	568	$8.6^{o}$	273	$-26.5%$	841	$-1.1%$	283	$-9.0%$	1,324	$-3.2%$	300	7.9%	293	1.0%	593	4.4%	284	4.0%	877	4.3%
Inbound calling products	152	$-27.4%$	147	$-6.4%$	299	$-12.3%$	341	$-27.3%$	440	$-13.9%$	122	$-17.0%$	562	$-14.6%$	126	$-17.1%$	124	$-15.6%$	250	$-16.49$	122	$-13.5%$	372	$-15.5%$
Solutions management	111	22.0%	110	$-0.9%$	221	9.4%	\$07	8.3%	328	9.0	150	18.1%	478	11.7%	114	2.7%	125	13.6%	239	8.1%	113	5.6%	352	7.3%
Various controlled entities (exci HK CSL)	140	$-29.39$	154	$-11.0%$	294	$-23.49$	342	$-25.09$	436	$-19.1$	138	$-2.8%$	574	$-15.7%$	119	$-15.0%$	95	$-38.3%$	214	$-27.2%$	82	$-42.39$	296	$-32.1\%$
Hong Kong CSL 6.2														$\overline{\phantom{a}}$	244	$-17.0$	240	$-15.0%$	484	$-16.1%$	243	$-6.9%$	727	$-13.2%$
Costomer premises equipment	51	$-29.2%$	71	$-1.4%$	122	$-14.7$	43	$-36.84$	165	$-21.8%$	55	$-12.7%$	229	$-19.7%$	52	2.6%	53	$-25.4%$	105	$-13.9%$	5%	18.6%	156	$-5.5%$
Poyphones	38	$-23.6%$	40	$0.0\%$	78	$-7.1%$	39	$-9.3%$	117	$-7.9%$	37	$-5.1%$	154	$-7.2%$	37	$-2.6%$	38	$-5.0\%$	75	$-3.8%$	38	$-2.6%$	113	$-3.4%$
Other sales & service	139	$-4.0%$	187	10.0%	325	2.8%	320	8.3%	445	4.2%	162	35.0%	607	11.0%	145	4.35	157	$-16.0%$	302	$-7.19$	149	24.2%	451	3.3%
Sales revenue	4,521	0.89	5,304	3.0%	9,624	3.5%	4,436	$-0.9%$	14,062	1.0%	4,707	3.89	18,769	1.7%	4,868	3.1%	5,327	$-1.1%$	10,195	$-0.1%$	4,824	2.6%	15,019	0.8%
Other revenue	$100 -$	78.6%	54	$-34.1%$	154	12.0%	51	$-34.2%$	205	4.1%	87	13.0%	292	6.6%	54	-46.8%	57	5.6%	111	$-27.9%$	47	$-7.8%$	158	$-22.9%$
Total revenue	4,621	1.8%	5,358	2.4%	9,778	2.1%	4,409	$-1.3%$	14,267	1.1%	4,794	4.0%	19,061	1.8%	4,922	0.1%	5.384	$-1.0\%$	10.306	$-0.5%$	4.871	2.5%	15,177	0.5%
Selected statistical data "
Basic access lines in service	10.44	$-1.0$	10.40	$-0.9%$	10.40	$-0.95$	10.43	$-0.69$	10.43	$-0.6%$	10.41	$-0.6%$	10.41	-9.6%	10.39	$-0.6%$	10.34	-9.6%	10.34	$-0.6%$	10.34	$-6.9%$	10.34	$-0.9%$
Local calls (Bumber of calls)	2,629	$-3.43$	2,617	$-3.4%$	5,246	$-3.4%$	2,503	$-5.2%$	7,748	$-4.0%$	2,521	$-4.09$	10,269	$-4.0\%$	2,527	$-3.99$	2,491	$-4.8%$	5,019	$-4.3%$	2,395	$-4.3%$	7,414	$-4.3%$
National long distance minutes	2,270	$-0.82$	2,308	0.1%	4,578	$-0.4%$	2,285	1.3%	6,863	0.1%	2,307	3.6%	9,370	1.0%	2,346	3.4%	2,310	0.1%	4,656	\$.79	2,278	$-9.3%$	6,934	3.8%
Fixed to mobile minotes	897	34.49	936	14.5%	1,833	14.5%	939	20.4%	2,752	13.1%	939	12.8%	3,691	13.0%	970	8.1	985	5.3%	1,955	6.7%	990	7.6%	2,945	7.8%
International direct minutes	196	\$5.5%	203	14.1%	398	14.5%	192	\$4.5%	590	14.5%	191	7.5%	782	12.9%	191	$-2.79$	196	$-3.7%$	387	$-2.5%$	180	$-5.9%$	567	$-3.9%$
Mobile telephone minutes	1,422	6.5%	1,489	12.5%	2,911	9.5%	1,434	7.9%	4,325	B.9%	1,455	11.3%	5,780	9.5%	1,518	6.89	1,583	6.1%	3,098	6.4%	1,547	9.4%	4,645	7.4%
Mobile services in operation (thousands)	5,414	23.2%	5,636	20.1%	5,636	20.1%	5,790	17.6%	5,790	17.6%	5,942	14.8%	5,942	14.8%	5,884	8.7%	6,098	8.2%	6,098	8.2%	6,335	9.5%	6,338	9.5%
ISDN access (basic lines equivalents) (thousands)	1,242	\$2.0%	1,245	6.0%	1,245	6.85	1,22B	1.8%	1,228	1.8%	1,268	2.7%	1,268	2.7%	1,225	$-3.3%$	1,190	$-4.5%$	1,190	$-4.5%$	1,199	$-2.4%$	1,399	$-2.4%$
Foxtel SIOs (thousands)	761	\$3.2%	774	10.6%	774	10.6%	794	9.7%	794	9.7%	798	7.3%	798	7.3%	805	15.4%	909	4.5%	809	4.5%	416	2.8%	816	2.8%
Broadband subscribers 8 (thousands)
Retail subscribers	TR	152.9%	102	\$34.2%	102	134.2%	115	103.1%	115	$103.1^{\circ}$	145	93.8%	145	93.8%	172	96.1	192	87.6%	192	87.69	214	85.9%	214	85.9%
Wholesale subscribers		77971.4%		2054.7%	-8	2054.7	13	826.5	13	826.5	24	652.5%	24	652.5%	વ્યવ	532.1	52	566.7%	52	566.7	76	479.8%	76	479.8%
Total Broadband subscribers 8 (thousands)	$-93$	168.6%	110	\$50.0%	110	156.0%	328	120.6%	128	129.6%	169	117.1%	169	117.1%	206	120.1%	244	121.7%	244	121.7%	290	125.8%	290	125.8%
Narrowbond subscribers (thousands)	972	59.9%	1,047	57.2%	1,047	57.2%	1,081	45.89	1,081	45.8%	1,075	22.6%	1,075	20.8%	1,305	15.4%	1,124	7.4%	1,324	7.49	1,156	7.0%	1,356	7.8%
Total On-line subscribers (thousands)	1.066	65.8%	1,357	63.0%	1.157	63.0%	1.209	51.3%	1.209	51.3%	339	$-64.5%$	1.245	28.6%	1.312	24.45	1.368	18.3%	1.368	18.3%	1.446	19.6%	1.446	19.6%