Telstra shares fall 3 pct after results

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WELLINGTON | Wed Aug 12, 2009 8:20pm EDT

WELLINGTON Aug 13 (Reuters) - Shares in Australia's biggest phone company Telstra Corp Ltd (TLS.AX) fell 3 percent to A$3.51 in early trade, after the company reported a 2009 profit above expectations, but said the year ahead was challenging.

For more details on Telstra's annual results see: [ID:nWEL516596] (Reporting by Adrian Bathgate)

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