Telstra profits fall 13 per cent but digging out old tech nets $110m

Telstra’s profits have fallen 13 per cent despite 500,000 new mobile customers coming on-board.

The telco giant posted its annual results on Thursday morning, showing profits slipped to $1.78bn.

Just months ago, Telstra set in motion moves to cut 2800 jobs as part of trying to find $350m of…