This Month
TPG appoints new chief financial officer
Alumina CFO Grant Dempsey will soon jump ship and join TPG Telecom from next February.
- Lucas Baird
Telstra’s Digicel sweetheart deal shrugged off by analysts, investors
It’s not often a non-core acquisition costing $2.1 billion is met with an almost collective shrug from shareholders, but Telstra’s buyout of Digicel Pacific is no normal transaction.
- Lucas Baird
October
NSW kicks off cladding remediation work
An apartment tower in Sydney’s Darlington was the first of 274 buildings to date to qualify for the state’s subsidised rectification program.
- Michael Bleby
Telstra curries political favour in Digicel deal
Telstra’s deal to buy Digicel Pacific will strengthen its relations with the government for future regulatory decisions, such as the NBN privatisation.
- Updated
- John Kehoe
- Opinion
- Chanticleer
Telstra’s most extraordinary deal in a generation
Telstra’s acquisition of the Digicel business in the South Pacific might not be the biggest deal of the year, but it’s surely the most extraordinary.
- Updated
- James Thomson
- Opinion
- Australia's China challenge
Telstra joins Team Australia on China
Telstra would have no interest in Digicel without the federal government’s prodding and the generous taxpayer funding that allows it to proceed.
- Jennifer Hewett
- Breaking
- Mergers & acquisitions
Taxpayers bankroll Telstra’s $2.1b Digicel buy
Telstra will outlay just $US270 million in the deal to buy the strategically important South Pacific telco as part of its agreement with the federal government.
- Updated
- Lucas Baird and John Kehoe
Swoop Telecom raising $40m, Morgans to underwrite
Andrew Forrest-backed Swoop Telecom is due to enter a trading halt on Thursday morning and announce a fully underwritten $40 million capital raise.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
- Updated
- AGM season
Telstra pauses dividend reinvestment over insider trading concerns
Insider trading worries prompted the telco to scrap its popular reinvestment scheme, which allowed investors to trade in their dividends for more shares in the company.
- Updated
- Lucas Baird
Huawei rejected by three in four Canadians on eve of 5G decision
Opposition to Huawei’s participation in 5G has surged, amid outrage over China’s imprisonment of two Canadians in grim conditions for more than 1000 days.
- Natalie Obiko Pearson
Why a Squid Game-style lawsuit is unlikely in Australia
SK Broadband’s move to sue Netflix over the stress that the television series put on its network mirrors a simmering conflict in the Australian telecom market.
- Lucas Baird
TPG to rely entirely on renewables from 2025
TPG Telecom wants to power its entire Australian operation with renewable energy by 2025 but is still working towards setting a ‘science-based’ goal on emissions.
- Updated
- Lucas Baird
Conroy joins Pennytel, Barclay Pearce tapped for IPO
Victorian Labor powerbroker and former federal senator Stephen Conroy has popped up at an emerging telco that’s targeting an ASX listing.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
- Updated
- Telecommunications
Big super’s grip on local infrastructure tightened with Optus deal
The telecommunications company has sold a 70 per cent stake in its Australian mobile tower network to AustralianSuper for $1.9 billion.
- Lucas Baird
September
Angry MPs go after Andy Penn’s pay
Coalition MPs furious over the lacklustre mobile service in their electorates plan to introduce a new bill that would cap the pay of telco executives, like Telstra boss Andy Penn.
- Lucas Baird
NBN Co outlines multi-year privatisation path to bond investors
If NBN Co’s pitch to US bond markets on Tuesday made anything clear, it’s that it has a defined - albeit lengthy - pathway to privatisation.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
TPG struggles to match Telstra’s strong share price march
While Telstra’s share price has lifted over 30 per cent higher so far this year, TPG has failed to access a similar level of growth.
- Lucas Baird
Huawei CFO Meng freed after agreeing to US agreement
Meng Wanzhou left Canada on a chartered flight hours after she agreed to a deferred-prosecution agreement to resolve criminal charges against her.
- Updated
- Patricia Hurtado and Chris Strohm
Soul Patts backs TPG despite headwinds
Washington H. Soul Pattinson is bullish on the future of TPG Telecom, despite the value of its holding in the telco falling more than 23 per cent in the previous financial year.
- Lucas Baird
Telcos say NBN ‘profiteering’ with slack lockdown relief
The CEOS of major internet providers say the current relief system fails to appropriately offset the increased data demand during lockdowns or provide cost certainty.
- Lucas Baird
