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Telecommunications

This Month

New Telstra director Maxine Brenner has been on the Qantas board for a decade

New Telstra director Maxine Brenner hit with 17pc protest vote

Chairman John Mullen refused at the AGM to answer questions about Ms Brenner’s ability after concerns were raised over her tenure on the board of Qantas Airways.

  • Jenny Wiggins
TPG Telecom boss Inaki Berroeta.

Vocus prepares $6 billion debt deal to bankroll TPG fibre tilt

Vocus, owned by Macquarie and Aware Super, has kicked off talks to put together a debt syndicate for its $6.3 billion bid to carve out TPG Telecom’s fibre assets.

  • Updated
  • Sarah Thompson, Kanika Sood and Emma Rapaport
Proxy group ISS says Telstra investors should not elect Maxine Brenner as a director due to poor corporate governance at Qantas, where she is also a director.

New Telstra director Maxine Brenner to be pressed on Qantas at AGM

The new director will be asked to explain how she handled corporate governance issues while on Qantas’ board at Telstra’s AGM on Tuesday.

  • Jenny Wiggins
Telstra wants to use Versent to expands the services it provides, including more cloud computing services

Telstra seals $267m Versent deal to boost digital services

Analysts say the deal gives Telstra access to a workforce with expertise in highly sought after areas of cloud, security, digital and data services.

  • Jenny Wiggins and Tess Bennett
Vicky Brady at the Telstra FY22 Briefing in Melbourne on the 11th of August 2022

Done deal: Telstra buys cloud services biz Versent for $268m

Telstra boss Vicky Brady has made her first big M&A play.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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Japanese telecom giant NTT Group has been considering a bid for Versent as has Vicki Brady-run Telstra.

Versent deal: NTT bows out, Telstra in pole position

Japan’s NTT, one of the world’s largest telecoms groups, have dropped out of the process after a protracted back-and-forth with sellside advisers Goldman Sachs.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Optus doesn’t want to release a report by Deloitte into its 2022 cyberattack.

Court ruling nears on Optus cyberattack report

A Federal Court justice is expected to rule shortly on whether Optus can stop a report by Deloitte on its 2022 cyberattack from being released.

  • Jenny Wiggins
Aussie Broadband managing director Phillip Britt has swooped in on Symbio.

Superloop eyes higher Symbio bid despite declaring ‘best and final’

The telco is reviewing whether to engage in a bidding war with Aussie Broadband after its takeover proposal for the software group was trumped on Friday.

  • Jenny Wiggins and Jessica Sier

September

New iPhone 15 Pro.

Apple’s new iPhones are hot - but not in a good way, say some users

Shortly after the iPhone 15 Pro and 15 Pro Max were released, users across the world began reporting that the devices could become uncomfortably warm during use.

  • Chris Velazco

The power of data: Forget Twitter, the party’s moved to WhatsApp

As Australians lose interest in sharing their opinions on social media platforms, they are instead jumping into group chats.

  • Mark Di Stefano
AustralianSuper is seeking to make more than 10 per cent a year from its investment in data centre platform owner Vantage EMEA.

Why AustralianSuper’s big AI bet isn’t the risk it once was

Up to its neck in Sydney-based infrastructure, AustralianSuper spent the past few years studying data centres globally. When it found its target, it did not muck around.

  • Anthony Macdonald
Telstra chief Vicki Brady confirmed the company was in talks with up-for-sale Versent.

The $108 billion Japanese giant vying with Telstra for Versent

The mooted acquisition, expected to be worth as much as $400 million, was revealed by Street Talk on Thursday. The sale process is being run by Goldman Sachs.

  • Updated
  • Sarah Thompson, Kanika Sood and Emma Rapaport
Telstra chief Vicki Brady confirmed the company was in talks with up-for-sale Versent.

Telstra confirms Versent buyout talks

The telco giant has confirmed it is looking at buying Versent, a consultancy that sells cloud transformation and cybersecurity products and services.

  • Tess Bennett

August

Optus CEO Kelly Bayer Rosmarin has spoken publicly numerous times about lessons learned from the data breach.

Optus hack secrecy leaves questions of competence hanging

It is almost a year since Optus’ big data breach. The telco has decided to keep secret the findings of the independent review it said would help rebuild customers’ trust.

  • Paul Smith
Elon Musk

Is Elon Musk a threat to Australia?

The mercurial billionaire, who is unusually involved in his companies, has huge commercial interests in China, and a growing foothold in Australia.

  • Nick Bonyhady
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Chorus is the biggest  fixed line communications infrastructure business in New Zealand.

Chorus starts debt deal meetings; Pepper Money launches $850 debt deal

The goal would be to firm up interest in an Aussie-dollar seven-year debt note that would be fixed rate and rank as senior unsecured debt.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Fetch TV boss Scott Lorson.

Telstra escalates platform wars with $50m Fetch TV bet

Telstra will start replacing its Telstra TV customers’ set-top boxes with ones from Fetch, creating a 1.3 million-strong streaming aggregation player.

  • Sam Buckingham-Jones
Aussie Broadband has signed several new corporate customers and says businesses are tired to Telstra.

Aussie Broadband eyes Telstra customers as net profit soars

The nation’s fifth-largest provider of broadband lifted its market share to 7.6 per cent from 6.5 per cent a year ago and is targeting 10 per cent by 2025.

  • Jenny Wiggins
The telco sector internationally and locally is warning that future infrastructure investment is becoming uneconomic ... but not everyone agrees tech platforms should pay.

Telcos struggle for public sympathy in big tech battle

The telco sector will open a can of worms if it goes after big tech for more payments, and it may struggle to win the argument.

  • Paul Smith
The demand of streaming and cloud-based services is putting pressure on the earnings of telecommunications providers.

Streaming platforms should pay us for infrastructure, telcos say

Telstra, Optus and TPG say the likes of Netflix, YouTube and Amazon’s cloud and AI services are driving network traffic to unsustainable levels.

  • Paul Smith