How AI rekindled Telstra’s love for cables and wires
The tech revolution has prompted telcos around to the world to take another look at their once unglamorous network assets.
Telstra
Telstra dials up revenue and dividends
Chief executive Vicki Brady says the telco’s T25 strategy is on track despite some headwinds, after the company shed 500 staff last month.
ASX down, Magellan taps new chair
Magellan appoints new chair. AUD below US64c. Jobs data weaker than expected. Inghams and Super Retail soar on dividend windfalls. No more staff cuts: Telstra boss.
Telstra, TPG won’t appeal blocked regional deal
The telcos are leaving the door ajar for a revised version of their 10-year, $1.8bn network tie-up, with regulatory reform also on the table.
Telstra-TPG’s battle for mobile deal not over yet
Instead of a legal fight, both telcos are studying options to modify and possibly revive the stalled network-sharing deal.
ASX 200 falls; Syrah top loser, Carsales zooms
Share market falls to lowest close in just over four weeks. Dell Australia cops $10m fine. Carsales top gainer on dividend lift. Beach tanks on profit fall.
Totem sculpture takes out $100k Telstra prize
The prestigious NATSIAA awards for Indigenous artists are being held for the first time since allegations emerged about white hands on black art.
Cost of living no pressure for NBN Co
The government-owned company says customers still have the need for speed, as pricing negotiations with retailers including Telstra and Optus drag on.
Little incentive to change EY’s ‘culture of overwork’
Long hours are part and parcel of working at professional services firms but solutions to it are not so clear.
Quantum leap as tech firm raises $50m
Former Australian of the Year Michelle Simmons has closed one of the largest start-up funding rounds of the year from investors including CBA, Telstra and the federal government.
ACCC’s balancing act in the interests of fairness
The ACCC has raised preliminary concerns about another two mergers but must take some heart from the recent Telstra/TPG case.
Telstra to axe 500 jobs in major cost cutting
The telco is slashing about 500 roles, its first major round of job cuts under chief executive Vicki Brady, as it tries to save $500m.
ASX ends flat as jobs boom fuels August rate bets
Gains wiped as investors mull that a strong month of jobs creation will mean further rate hikes. Flight Centre upgrades guidance. Telstra to slash 500 jobs. Nuix soars on earnings beat.
Tepid between the sheets and not very funny
The Canadian comedy The End of Sex starts with an awkward truth: that a couple’s sex life can start out hot and, over time, turn cold.
Optus hits back at SpaceX criticism
After signing a satellite deal with Elon Musk’s SpaceX, the nation’s second largest telco says it stands by all of its claims regarding the rejected TPG-Telstra network sharing plan.
Brickworks Marketplace sold for $85m
Fund manager FRP Capital is eyeing a potential development of the Brickworks Marketplace in Adelaide after splashing out $85m to buy the shopping centre site.
Starlink and beyond for Telstra
The nation’s largest telco has its eyes on additional satellite providers as it prepares for a future in which handsets connect directly to satellites.
ASX snaps win streak; AMP dives on ruling
Falls in banks and miners end rally. AMP falls on Federal Court decision. UBS upgrades Telstra to buy. China data hits iron ore, AUD. Treasury Wine sells Karadoc winery.
Telstra partners with Elon Musk’s Starlink
The company will be the first telco globally to offer Starlink rural broadband and voice services, in a fresh blow to the NBN.
ASX rises 0.6pc; United Malt soars on takeover
Materials help the bourse to start the new month stronger. United Malt soars on Malteries bid. Silver Lake leads gold gains. Link extends losses. Telstra in Starlink deal.
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