ASX Announcements
July 2023
Insider lawsuit claims AACo director leaked to UK billionaire
Joe Lewis, who owns half of beef giant AACo, has been charged with insider trading in the US and is denying the claims.
- Updated
- Liam Walsh
- Updated
- Insider trading
British billionaire Joe Lewis charged in the US with insider trading
The Tottenham Hotspur owner and major shareholder in Australian Agricultural Company is accused of tipping off employees, associates, friends and romantic interests.
- Updated
- Joe Miller and Samuel Agini
February 2022
Forrest vs Joe Lewis? Twiggy slices into beef giant AACo
The Fortescue Metals chairman already has an interest in beef, but now has spent $35 million acquiring a substantial holding in AAco.
- Liam Walsh
May 2008
Broadband battle gets bloodier
A strong mystery bidder pitching at Labor's ideological heart challenges Telstra's broadband dream.
- Andrew Clark
November 2006
Sackings hurt Victoria's technology push
Victoria's push for regional information technology centres has been set back by AAPT's decision to sack about 380 workers from a call centre in Bendigo, one of the state's largest regional cities.
- Duncan Hughes
August 2006
AAPT hurts parent but stays in the fold
Telecom New Zealand is sticking with its loss-making Australian arm, AAPT, despite writing the business down by $NZ1.3 billion ($1.16 billion) in the year to June and forecasting further red ink for at least another two years.
- Tony Boyd
April 2006
Trans-Tasman rules gall Telstra
Telstra has widened its campaign to overhaul industry regulation by calling on the Australian and New Zealand governments to discard their current telecommunications rules in favour of a single framework across both countries.
- David Crowe
March 2006
HOW TO SAVE A BUNDLE
We all want to save money and one way of doing this is to place all our phone and internet accounts with the one provider
- Debra Cleveland
February 2006
AAPT sale near as chief executive departs
Potential buyers of Telecom New Zealand's Australian arm, AAPT, have been given three weeks to complete their due diligence on the business, which yesterday was prepared for a quick sale with the departure of chief executive Jon Stretch.
- Tony Boyd
Telstra regulatory war takes toll on rivals
Telstra's tough new approach to the resale of its services to competitors and uncertainty over the regulated price of access to its phone network threaten the survival of smaller rivals and could trigger consolidation in the sector.
- Tony Boyd
Talk proves cheap for loss-maker AAPT
Telecom New Zealand said it probably would keep its Australian subsidiary, AAPT, or put it into a joint venture, although tough trading conditions had forced it to slash its value to less than half what it paid for the business.
- Stephen Wisenthal
AAPT on hold in Telecom NZ switch
Telecom Corporation of New Zealand, the largest telephone company across the Tasman, probably had its first loss in 14 quarters with a write-down in value of its unprofitable Australian business before a possible sale.
- Tina Morrison
Optus joins the Telstra fee fight
Optus won the right to join a legal battle between Telstra and the competition watchdog yesterday and said it would buy more services from Telstra if prices were lower and "unacceptable conditions" removed.
- Susannah Moran
Telstra rivals join ACCC in court stoush
Eight of Telstra's biggest rivals are to join a landmark legal stoush against the company today, in a dramatic step to widen a test case that will determine prices across the $31 billion phone market.
- David Crowe
January 2006
Telstra blamed for AAPT's misfortune
The sale of Telecom New Zealand's Australian subsidiary, AAPT, has been thrown into disarray after its value was slashed in half - and the telco cites a steep rise in wholesale prices inflicted on it by arch-rival Telstra.
- Report Stephen Wisenthal
December 2005
Staying connected with customers
AAPT is aiming to reduce churn and increase average revenue per customer by encouraging them to buy a wider variety of its services, writes Brett Winterford.
- Brett Winterford
November 2005
AAPT causes headache at Telecom NZ
Telecom New Zealand has warned that it might have to write down the value of its struggling Australian arm, AAPT, if Telstra proceeds with plans to increase the cost of wholesale access to its copper-wire phone network.
- Report Tony Boyd
December 2003
Cross - selling key to AAPT strategy
Third-ranked telephone company AAPT plans to increase its range of telephony services and focus on cross-selling in the new year. The decision comes after a three-month restructure in which the company has shied away from the so-called "silo-based" approach once favoured by many telecommunications companies.
- Katrina Nicholas
August 2000
AAPT delays $300m issue
Australia's third-largest telecommunications company, AAPT, pulled back from a proposed $300 million issue of medium-term notes last week as investor concerns about the cost of third generation (3G) mobile telephony spectrum caused volatility in the corporate bond market.
- Roger Hogan, CAPITAL MARKETS EDITOR