Telstra profit, outlook miss forecasts, shares slide

  MELBOURNE, Aug 13 (Reuters) - Telstra Corp Ltd TLS.AX, Australia's biggest phone company, disappointed investors with a 14 percent rise in second-half profit and its outlook for the year ahead, sending its shares down 4 percent on Wednesday. For the year ahead, Telstra said it expected 3-4 percent growth in sales and 6-8 percent growth in earnings before interest and tax, compared with analysts' forecasts for a 2.7 percent rise in sales and an 8.5 percent rise in EBIT.  

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