Operator results - 23/08/06

Telstra is cutting down expectations for financial results due to new ULL Access regulatory pricing. Revenue growth should be limited to 1.5% to 2% in the year to June 2007 and earnings before interest and tax (EBIT) growth of 2% to 4%.

Belgacom (Belgium) reports 1H06 net profit of €434m on revenues of €3bn, up 3%. Fixed line service revenues grew 21% to €1.8bn, while mobile service revenue fell 1.5% to 1.1bn.