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Telecommunications

This Month

42-year-old Sydney tech company saved with $150m price drop

Casa Systems bought NetComm for $161 million in 2019. Five years later another US company is buying it out of administration for just $US7 million.

  • Nick Bonyhady
NBN Co chief executive Stephen Rue is a known quantity; that’s important for his new employer Optus.

Fresh meat in the Optus sandwich promised a helping hand

Optus and its owner, Singtel, have made governance changes to try to make the incoming CEO’s job easier. We’ll wait to see the proof.

  • Anthony Macdonald
New Optus boss Stephen Rue.

NBN fixer Stephen Rue to restore Optus’ credibility

Stephen Rue has been charged with restoring Optus’ reputation with consumers and improving its services when he leaves the NBN to run the beleaguered telco group.

  • Jenny Wiggins
People in regional areas will have more mobile phone providers to choose if the TPG-Optus regional network sharing deal is approved by regulators

Why TPG Telecom changed its mind on Optus

After the departure of former Optus boss Kelly Bayer Rosmarin, the rival telco groups decided to let “bygones be bygones”.

  • Jenny Wiggins

April

Optus has struck a $1.6 billion deal with rival TPG Telecom.

Optus parent writes off billions and strikes $1.6b deal with TPG

Singtel has had to write off billions of dollars on Optus, offset partly by the beleaguered telco striking a $1.6 billion deal with Australian rival TPG.

  • Updated
  • Jenny Wiggins
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Telstra boss Vicki Brady said big companies are holding back from spending money on communications projects.

Telstra mulls strategic review of its massive health portfolio

Telstra boss Vicky Brady talked up her desire to actively manage the telco’s sprawling portfolio at the half-year result.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
The email addresses used by IiNet account holders are now utlimately managed by a Norwegian company.

TPG, iiNet email accounts bounce to Philippines, Norway

Users of TPG Telecom and iiNet email have to deal with a call centre and a parent company in the northern hemisphere after their accounts were handed over to The Messaging Company.

  • Jenny Wiggins

March

Singtel is believed to be in talks with Brookfield over the sale of a minority stake in Optus

Optus-Brookfield mooted deal a boon for sector valuations

Expectations that the telco could fetch $16 billion to $18 billion could be a win for rivals Telstra and TPG Telecom, E&P analysts say.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
It is lawyers at 10 paces in the battle for mid-sized NBN resellers.

Aussie Broadband shows how not to make a move on your rival

The spat between two telco rivals is going places you rarely see.

  • Anthony Macdonald
Superloop and Aussie Broadband compete aggressively for customers in the internet broadband market.

The exquisite timing of Aussie Broadband’s Superloop share raid

Nothing gets the blood pumping more than a good ol’ hostile takeover.

  • Updated
  • Lucas Baird
A new study suggests the first ice-free day in the Arctic is likely to occur within 10 years.

Research we’re watching: pancreatic cancer, dementia, Arctic ice

We look at recent research in: pancreatic cancer; three-dimensional processors; an ice-free Arctic; a dementia breakthrough; and a new cash crop for Australia.

  • Alana Piper
There has been no shortage of turmoil at Optus over the past 20 years.

‘Floptus’, hacks and outages: Optus show eyes next chapter

There has rarely been a dull moment at Optus. Now, a buyout offers a chance to reset.

  • Updated
  • Paul Smith
Singtel is believed to be in talks with Brookfield over the sale of a minority stake in Optus

Inside PE giant Brookfield’s playbook for Optus

Brookfield’s done this sort of telco turnaround before, and well within our view. It also made a lot of money out of it.

  • Anthony Macdonald

Gates, Fink, Zuckerberg set to party with Asia’s richest man

The lavish pre-wedding celebrations for Mukesh Ambani’s son include chartered jets and a performance by Rihanna. Wall Street and Silicon Valley titans are coming.

  • Anto Antony and Bhuma Shrivastava

February

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
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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
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

January

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