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Webcentral is divesting assets.

Webcentral to divest assets for $165m; MacCap on ticket

Webcentral has struck a binding deal to sell a majority stake in some of its assets for circa $165 million.

  • 1 hr ago
  • Sarah Thompson, Kanika Sood and Emma Rapaport

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
Symbio provides software that helps people dial into online conferences using their phones.

Telcos battle for internet calling provider

Symbio is the latest business caught up in an acquisition spree as small telecoms companies go after the biggest fish in the pond.

  • 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
Telstra, under chief executive Vicki Brady, is keeping its string of bolt-on M&A alive.

Telstra flexes M&A muscle to grow in consulting

The telco is always hard to beat when it wants something. This time it is cloud consulting business Versent, which has 500 employees.

  • Anthony Macdonald
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
Danielle Keighery has another big job.

Crown’s Danielle Keighery poached by Optus

Still reeling from the brand effects of a devastating cyberattack, Optus has turned to someone who’s overseen the aftermath of far worse.

  • Myriam Robin
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
TPG Telecom CEO Inaki Berroeta is still trying to strike a deal with Vocus over a $6bn asset sale.

TPG Telecom’s talks with Vocus over $6b asset sale to continue

TPG’s share price weakens as discussions with suitor Vocus “remain ongoing” over potential sale of $6 billion in fibre assets.

  • 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
Superloop has a playbook for assimilating new acquisitions.

Symbio interloper hires Goldman, Superloop cools its jets

While we’ve had our heads turned to Star Entertainment’s recapitalisation, an ASX-listed small cap has set the scene for an M&A battle between two rival bidders.

  • Sarah Thompson, Kanika Sood and Emma Rapaport


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
Audinate CEO Aidan Williams sold shares to meet upcoming tax obligations.

Audinate chief sold shares before capital raise

By selling nine trading days before (rather than after) the capital raise, CEO Aidan Williams has, at the margin, maximised his reward.

  • Myriam Robin
Improvements in data collection and analysis are helping Australia manage its power more efficiently.

Mind over meter: how data can deliver smarter utilities

Real-time, IoT-enabled energy monitoring can help power providers save money, reduce their carbon footprint — and even save lives.


by Thinxtra

TPG Telecom CEO Inaki Berroeta.

TPG Telecom, Vocus talk DD extension for $6.3b fibre bid

Time’s up for Vocus Group’s five-week exclusive due diligence to buy TPG Telecom’s non-mobile fibre assets for $6.3 billion.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Serial founder Bevan Slattery has cash to spend.

Bevan Slattery dumps more shares

Megaport’s founder has extinguished part of a loan by selling the stock it was secured against.

  • Myriam Robin


Optus CEO Kelly Bayer Rosmarin will not tell her company’s customers how their personal data was hacked

Optus asks court to stop release of Deloitte cyberattack report

Thousands of Optus customers may not learn how their details were hacked after the telco pleaded “legal professional privilege” to stop a report being released.

  • Jenny Wiggins
Chanticleer columnists Anthony Macdonald and James Thomson.

What we learnt: Appen, NextDC, Helloworld, Integral Diagnostics

Small cap results are flying around the market like confetti. Here are a few that caught our eyes.

  • James Thomson and Anthony Macdonald