This Month
Apple execs held internal talks about buying AI start-up Perplexity
Following an underwhelming AI offering at their Worldwide Developer’s Conference, Apple is making moves to strengthen their AI capabilities.
ASX listing candidate Campana puts itself back on the agenda
While it is still early days, listing adviser CLSA Australia did a check-in with potential backers last month.
Telstra beats Optus, TPG in launching satellite text messaging
The telecommunications group says its customers can now send texts in areas that have no mobile reception.
May
Telstra goes all in on five-year plan to ride AI infrastructure wave
The telco’s CEO Vicki Brady says an “unrelenting” demand for data would help fuel growth, and investment was needed to keep up with rivals.
How Telstra will make Australia pay up for the AI boom
Vicki Brady’s new five-year plan at Telstra is designed to try to solve the problem that’s been plaguing the telco sector for more than two decades.
Optus CEO focused on costs as profit rebounds
Optus boss Stephen Rue says the telco’s sports streaming platform remains important to customers, amid speculation it could be up for sale.
Telstra CEO Brady to face investor grilling on plan to boost returns
Big shareholders get to interrogate the company’s top brass next week and will be looking for detail on how they will make the core businesses more profitable.
Private equity, trade buyers line up for Telstra IT Services
Macquarie Capital’s technology, media and telecommunications bankers had been retained to find a buyer for Telstra’s IT services unit.
Telstra opens Silicon Valley hub in race to build AI
The telco is putting boots on the ground in Silicon Valley to speed up its adoption of artificial intelligence and embrace the region’s can-do attitude.
Telstra seeks buyer for MTData subsidiary; hires corporate adviser
The IM talked up the opportunity present in the global fleet telematics market, which is projected to grow at 9 per cent compounded over the next eight years to $US170 billion.
Telstra swoops on Microsoft boss to steer AI push
Steven Worrall will join the telco group in September and run its infrastructure arm, including data centres, as Telstra invests heavily in AI.
‘It’s like a marriage’: Inside Telstra and Accenture’s AI reinvention
The telco’s $700 million partnership with the consulting group to develop artificial intelligence is no ordinary joint venture.
Telstra marketing boss deletes anti-Dutton loathing
The marketer apparently forgot LinkedIn is a safe space only for humble brags.
Project Bumblebee: Spark NZ talks up big growth amid data centre sale
The dual-listed company is the biggest NZ telco and has told shareholders it would seek to sell a slice of its data centres, ahead of a $1 billion-plus development bill.
ChatGPT: Gen Z’s lifestyle subsidy, or its biggest rival?
Uni students are getting free trials of AI services and using them heavily, but then discover AI is taking away their opportunities once they have graduated.
April
Ultra-fast internet provider GigaComm seeks $150m-plus; Rothschild on ticket
The six-year-old NBN challenger is seeking a deep-pocketed backer to help it build a broadband internet offering for apartment residents.
Aussie Broadband launches ‘aggressive’ push into mobile services
The challenger telco will use cheap plans to lure Telstra customers as it plots its most ambitious move into the $20 billion mobile market.
March
Optus considers bundling sports streaming with mobile plans
The Singaporean-owned group has been weighing up whether to sell off its streaming business, which holds the broadcast rights to English Premier League matches.
Optus has had some horror years, but its new CEO is taking on Telstra
From overhauling the books at Melbourne Storm to war gaming the impact of COVID-19 on the NBN, Stephen Rue is a solutions guy. Optus is his next big challenge.
February
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.
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.
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.
‘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.