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Companies

Telecommunications

February

Superloop rejects Aussie Broadband’s $466m takeover bid

Superloop investors have backed the broadband internet group’s decision to turn down a $466 million approach from rival upstart telco Aussie Broadband.

  • Updated
  • Jenny Wiggins
TPG Telecom CEO Inaki Berroeta.

TPG Telecom annual profits shrink despite surge in mobile customers

TPG Telecom boss Iñaki Berroeta says consumers are still willing to pay for mobile phone services despite rising prices.

  • Jenny Wiggins
Telstra CEO Vicki Brady will spend the week at the Mobile World Congress in Spain.

Why Telstra’s Vicki Brady gave up Taylor Swift for Spain

As the CEO prepares for the mobile sector’s big annual event, she’s firmly focused on grabbing the opportunities from AI after telcos missed out on past tech booms.

  • James Thomson
Telstra CEO Vicki Brady.

Telstra dials up cost cuts as big business puts it on hold

Almost a year into running the telco, chief executive Vicki Brady needs to quickly tackle poorly performing businesses before they become too much of a drag on profit.

  • Jenny Wiggins
Optus’s profits slid in the three months to December following a network outage

Optus outage cost $61m parent Singtel reveals

Optus’ national phone and internet outage in late 2023 and currency fluctuations have been blamed for falling profits at the telecommunications group.

  • Jenny Wiggins
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Optus’s headquarters in North Sydney

Sensitive Optus documents shared as hard copies in class action suit

Documents to be used in a class action battle over Optus’ 2022 cyberattack will be assigned a traffic light colour, with red for highly confidential information.

  • Jenny Wiggins
Telstra CEO Vicki Brady is finally getting some bang for her investment bucks.

Telstra’s mobile win comes with a professional services scare

A surprise dip in revenue from the professional services sector took the shine off the telco’s impressive mobile gains. 

  • James Thomson
Telstra CEO Vicki Brady

Telstra guidance shrinks on fall in professional services demand

Telstra has warned of deteriorating business confidence and shaved $100m from the top of its full-year earnings target. It will pay an interim dividend of 9¢.

  • Jenny Wiggins
NBN Co chief executive Stephen Rue says Australians will keep paying for more internet data.

NBN Co shrinks workforce 10pc as net loss deepens to $696m

The National Broadband Network Company’s growth is slowing, but it expects demand for faster internet services to boost future revenues.

  • Jenny Wiggins
Telco companies have been urged to develop emergency roaming systems so people can make calls during natural disasters such as the 2020 bushfires on the east coast.

Telstra dials up phone connections for natural disasters

The telco says it has found “the basic architecture” for an emergency roaming system to connect mobiles in regional areas during floods and bushfires.

  • Jenny Wiggins

January

Former Optus CEO Kelly Bayer Rosmarin during a Senate hearing at Parliament House in Canberra in November 2023.

Singtel weighs options for Optus; eyes on enterprise division

The efforts were alive as of late last year, having survived a cyberattack and network outages which claimed its then CEO, Kelly Bayer Rosmarin.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Former Virgin and Crown Resorts corporate affairs executive Danielle Keighery has ditched a job with Optus to join Qantas

Qantas poaches incoming Optus corporate affairs chief

Danielle Keighery was to start at the embattled telecommunications group next month. Instead, the former Crown Resorts executive will start at the airline.

  • Jenny Wiggins
Former Optus CEO Kelly Bayer Rosmarin told a Senate inquiry in November that 228 calls had been made to 000 services.

Optus admits gross error on number of failed 000 calls during outage

Optus told a Senate hearing last year that 228 emergency calls failed during a national outage but now admits the true number was 10 times higher at 2697.

  • Jenny Wiggins
The cost of mobile phone plans is rising, with Vodafone lifting prices for new customers by $4 per month.

Vodafone prices for mobile phone plans jump as much as 9pc

The telco brand, which is owned by ASX-listed TPG Group, has raised prices for mobile telephone plans by 6 to 9 per cent, citing the “high costs of doing business”.

  • Jenny Wiggins
Vodafone group CEO Margherita Della Valle is trying to turn the company around. So far, she has announced 11,000 job cuts over three years, and sale of Vodafone Spain for up to €5 billion. Is ASX-listed TPG Telecom next?

TPG Telecom’s top shareholder Vodafone said to mull exit

A block trade originating out of its largest shareholder could be in the order of $2.4 billion.

  • Sarah Thompson, Kanika Sood and Emma Rapaport