Uncertain outlook as Telstra hits three-year low
Market watchers say Telstra’s share price could continue to fall as it trades at a three-year low following the telco’s decision to sack almost 3000 workers.
Telstra
‘Dynamic strain’: Dire outlook for telcos
As Telstra swings the axe on thousands of jobs, a major warning has been issued that Aussie telcos are under “dynamic strain” amid sliding margins in the sector.
Telstra fired starter’s gun on fewer jobs, high costs
Telstra’s decision to sack 2800 staff signals the start of nationwide retrenchments, which may be accelerated as industrial relations changes loom and budget cash splashes kick in.
Telstra shares dive as telco faces losing regional monopoly
A $1.6bn network sharing deal between Optus and TPG has prompted Telstra to ditch its yearly CPI-price increases for mobile plans, analysts says, as the telco faces multiple downgrades.
ASX ends flat; Webjet lifts; Eagers dives
Inghams says not impacted by bird flu case. Webjet gains on demerger plan. Eagers dives on earnings warning. Telstra hit by downgrades. D-Day for BHP’s next Anglo move.
A painful warning for economy in Telstra’s job cuts
The telco’s move signals the era of ‘jobs hoarding’ across corporate Australia is finally reaching its end.
Telstra job cuts AI’s first wave
Telstra’s job cuts are brutal, but it’s a sign of things to come for the wider workforce as the AI tsunami looms.
Telstra slashes 2800 jobs as inflation, rising energy prices hit
Australia’s largest telco will ‘simplify’ its business as it too faces the pressures of an inflationary environment and increasing competition from big tech companies.
Telstra to axe 2800 workers amid $400m cost cuts
Australia’s biggest telco says job cuts are critical to make ‘necessary investments’ in data and internet use across the country and meet its $400m cost saving goals.
‘Life and death’: MP’s wild Telstra call
A controversial decision from the telco giant to axe up to nine per cent of its workforce to save costs has revived an unlikely demand from a furious MP.
Telstra a ‘national disgrace’ over job cuts
The telco giant has come under fire after it announced it would cut up to 2800 jobs, with the majority of the roles to be axed by the end of this year.
ASX 200 eases; James Hardie, Star drop
ANZ probing internet banking issues. RBA avoids ‘excessive fine-tuning’. James Hardie’s cloudy outlook weighs. Sonic flags weak earnings. TechOne, ALS gain. Telstra job cuts. Star falls on Hard Rock dismissal.
Apple resolves iMessage outage
Apple says it resolved an outage on its iMessaging app in less than hour after people in Australia and the US said they struggled to send and receive text messages.
Telstra taps Indian giant to steer AI transformation
Australia’s biggest telco is axing hundreds of its tech vendors in favour of just two as it streamlines its operations to take advantage of the artificial intelligence boom.
Telstra’s huge move on 3G shutdown
Telstra has revealed a big change to the planned shutdown of 3G networks across Australia.
Telstra delays 3G shutdown after ACCC snub
Australia’s biggest telco will delay the closure of its 3G network to ensure people — mainly in rural areas — have enough time to upgrade their handsets for emergencies.
‘Big smartphones on wheels’: safer cars by Honda, Telstra
Drivers will no longer need to travel with mobile phones after Honda and Telstra struck a new partnership to make cars smarter and safer.
New Qantas chair lands early as Goyder faces Woodside clash
Qantas will install John Mullen to the board as chairman-elect months ahead of schedule, as current boss Richard Goyder fights for survival at Woodside.
Telstra Ventures backs US start-up in $76m raise
After 18 brutal months for venture capital funding, Coalesce, a firm focused on automating data engineering to train AI models, has attracted big-name investors.
Telstra boss apologises for triple-0 outage
A ‘technical fault’, a ‘communication error’ and errant backup processes have been blamed for the outage.
Telstra Ventures backs Amazon delivery challenger
Telstra Ventures has backed a challenger to Amazon’s delivery network in the US – which has emerged a stone’s throw from where Jeff Bezos founded his tech behemoth in the 90s.
National outage hits Telstra mobile calls
Australia’s biggest telco has had a two-hour outage, cutting off some mobile phone voice calls in ‘isolated pockets’ as it deployed more artificial intelligence systems across its network.
Outage hits Telstra, thousands affected
A major outage rippled across Australia in the afternoon, with the country’s largest telco scrambling to deliver a fix.
Inflation war ‘isn’t yet won’: RBA; ASX up
Bullock says ‘the war isn’t yet won’ on inflation, RBA ‘not ruling anything in or out’. Dollar falls. Telstra hit with two-hour outage. Bank of Japan’s first hike in 17 years. Takeover targets Pacific Smiles, Boral gain.
Business chief to head nation’s wealthiest uni
Former Telstra CEO David Thodey will be the next chancellor of the University of Sydney, taking over from Belinda Hutchinson after her decade-long reign.
Fatal cardiac arrest during Telstra outage
Telstra boss Vicki Brady has apologised to the family of a person who died during a national triple-0 Telstra outage on Friday morning.
Telstra Ventures cashes out in $2.75bn tech deal
The telco’s venture capital arm has secured a payday after one of its investments was taken over in a $2.75bn deal.
Equal pay should lift productivity
It is in companies’ interests to pay staff fairly, regardless of gender.
There’s a gender pay gap, can I ask for an increase?
You’ve discovered today your company pays men more. Now you can demand an increase, right? Not so fast.
Big businesses with very big gender pay gaps
The first gender pay list of almost 5000 Australian companies has been released by the Workplace Gender Equality Agency | LIST: See how your company ranks
Original URL: https://www.theaustralian.com.au/topics/telstra/page/4