Today
TPG Telecom says regional push is growing customer numbers
The country’s third-largest telco, which owns Vodafone and iiNet, is sharing a network with Optus, and hopes this will increase its mobile market share.
Yesterday
Snowy 2.0 dig shut down after shrapnel flies from fan
The incident could cause further delays to the project, which has been plagued by overruns including when the tunnel boring machine was bogged for over a year.
Optus customer executive the first to leave under new CEO Stephen Rue
Maurice McCarthy’s resignation marks the first big executive departure under new boss Stephen Rue as he tries to restore the embattled telco group’s reputation.
Atlas Arteria tries to claw back $20b in lost returns on US toll road
The ASX-listed company, partially owned by IFM Investors, says the state of Virginia tried to force the Dulles Greenway toll road near Washington DC into bankruptcy.
This Month
Worley expects profit boost from Trump energy policies
The engineering group’s shares jumped 11 per cent after it announced a $500 million share buyback and said it would benefit from a resurgence in fossil fuel projects.
How to fly green without the carbon offset ‘accounting trick’
Does ticking the carbon offset box and paying loose change to plant a few trees really make a difference?
Labor says it will back high-tech bush mobile phone satellite network
The proposed law would oblige and support companies like Telstra, Optus and TPG Telecom to extend coverage across the country even where there are no towers.
Aussie Broadband fights for share in ‘hot’ market
The company’s AI-powered budget brand Buddy Telco is not gaining as many new customers as expected because competitors have been cutting prices.
Superloop net loss halves as challenger brands take market share
CEO Paul Tyler says customers are ditching the big three telcos after Superloop’s loss dropped to $7.8 million.
Your quick guide to Michelin-starred and other great airport eats
Delayed flights rarely make for happy travellers but a plate of wild, raw bluefin tuna or honey-glazed barbecue pork can ease the pain. Here’s where to look.
Transurban looks to NZ, US after $15m interim net loss
The toll road group would consider opportunities with “right partners, right structures” in New Zealand after legal costs ate into interim profits.
‘Cement and extend’ dominance: Telstra spends $800m on mobile network
Shares rose after the telecoms giant said it will return $750 million to investors and posted a higher profit for the first half of the financial year.
Lucrative telco contracts boost Ventia Services’ profits 16pc
Ventia Services has a “very good relationship” with NBN Co but new competitors can struggle to secure telco maintenance work due to high entry barriers, chief executive Dean Banks said.
Aurizon revisits splitting rail network from haulage business
The group hasn’t previously accepted banker pitches to separate its rail business. But a share price and earnings slump has put the idea back on the table.
Meet Perceval, the robot dog who could inspect Metro tracks in Sydney
Sydney’s new Western Sydney Airport metro line could use a robot to inspect the cleanliness of trains and check rail tracks for faults.
Downer EDI boss says price-fixing claims won’t hurt Defence bid
Peter Tompkins is confident the competition watchdog’s investigation into alleged price fixing won’t hurt its chances of winning multi-billion dollar defence contracts.
New NBN chief Ellie Sweeney sharpens cost-cutting amid $564m loss
The government-owned broadband network operator has reduced its half-year deficit by trimming maintenance and marketing costs and raising prices.
Greensill creditors’ $7b pursuit of IAG could be sent to sixth judge
Companies chasing billions of dollars argue a recently appointed Federal Court judge might be seen to be biased because he once acted for one of the parties.
Investors say ‘saleable’ Transurban is shaping up as a buyout target
The toll road giant is one of the few infrastructure plays remaining on the ASX. A lacklustre share price has some fund managers thinking its time has come.
January
TPG turns on its Optus tie-up, hoping to steal Telstra customers
The company’s network-sharing agreement with its rival, signed off by competition regulators in September, will expand its coverage into regional areas.