News Articles for Telstra

Internet and mobile provider TPG Telecom may follow Telstra's lead and sell some of its telecommunication towers as the merged entity pursues opportunities.

Telstra has detailed a $1.35 billion share buyback for investors after what is says is a turnaround in its earnings.

Australia's three biggest internet providers are being taken to court over NBN promotions that the ACCC claims misled hundreds of thousands of customers.

Telstra is allowing Australians to make free calls to landline numbers and mobiles from any one of its 15,000 payphones.

Belmont-based GenusPlus Group is making its second acquisition since listing on the ASX, having agreed to purchase assets from the administrators of Victoria's Tandem Corp.

Regional telecommunications are set for a boost with the announcement of 14 new telecommunications towers jointly funded by the state and federal governments.

Telstra is considering taking over the Pacific operations of a communications service provider in partnership with the Australian government, which would block China from buying the assets.

Telstra chief executive Andrew Penn says asset sales are needed to fund services in rural and regional Australia.

A regulator has found Telstra failed to inform almost 50,000 people that the maximum internet speeds advertised in their plan weren't attainable.

Telstra Corporation has sold off just under half its mobile towers business to a high-powered consortium, including Australia's sovereign wealth fund, for almost $3 billion.

A $50 million penalty imposed on Telstra for fleecing vulnerable Indigenous consumers is a warning for corporate Australia, the head of the consumer watchdog says.

Telstra failed to provide consumers with the opportunity to keep their existing local phone number when changing telcos, copping a $1.5 million fine.

Fixed-wireless internet provider Pentanet and four other telcos have secured high-band 5G spectrum, auctioned by the Australian Communications and Media Authority.

Telstra executives continued to assure investors that the decade-long costs of customers migrating to the NBN are almost over, after the carrier's first-half profit slipped by 2.2 per cent.

Telstra Corporation will appear before the federal court after admitting to ‘unconscionable conduct' when selling post-paid mobile contracts to Indigenous consumers.

Telecommunications giant Telstra will undergo its biggest restructure in 24 years, splitting its business into three separate legal entities.

Ambitious technology development in oil and gas makes the industry competitive but brings broader benefits to WA.

Telstra has championed the impact of its $290 million effort to provide coverage to regional Australia, one day after building its 700th tower in WA's Mid West.

Perth-based HealthEngine has been ordered to pay $2.9 million in penalties by the Federal Court. It comes after the tech company achieved rapid growth but incurred big financial losses.

Telstra will take a $300 million impairment charge on its 35 per cent stake in Foxtel after the majority owner of the pay TV network, News Corp, wrote down its value.

SPECIAL REPORT: Several big businesses have stepped up to the plate during the current economic shock.

SPECIAL REPORT: WA ICT service providers have an important role to play as businesses rush to adapt amid the COVID-19 fallout, but there are challenges.

Prime Minister Scott Morrison has announced further restrictions on indoor public gatherings to slow the spread of COVID-19.

Telstra has frozen its job cutting program for six months, suspended late payment fees and disconnections, and has invited stood-down Qantas employees to apply for 1,000 temporary jobs to help virus-proof the economy.

Concerns over COVID-19 have led to the cancellation or postponement of more events in the state, including Australia's largest annual mining conference Diggers & Dealers, along with the Anzac Day services. The virus has also led to more businesses changing their working arrangements.

Ambitious entrepreneurs and sensible policies could make WA the world's pre-eminent location for data analytics, remote operations and high-tech industries.

A $15 billion merger between Vodafone Australia and TPG Telecom has been given the green light in the federal court, but the consumer watchdog says it will cause mobile data prices to rise.

Telstra has reported a 7.6 per cent drop in first-half profit to $1.14 billion - in line with guidance and expectations - with bushfires and the ongoing NBN rollout weighing on the telco's bottom line.

Rio Tinto and Telstra have announced shorter payment terms for small and medium Australian businesses, whereby SMEs will be paid within 20 days of a valid invoice receipt.

Rio Tinto has scrapped a practice that allowed it to discount payments to small business suppliers, two weeks after the state government forced the Water Corporation to make a similar change.

The ASX has had a bleak start to the week with most shares down in morning trade, excepting the energy and telco sectors.

OPINION: More than a decade after it entered the national debate, the national broadband network is about to be completed in the format – fibre to the node – that the reigning federal government committed to when Tony Abbott was prime minister.

SPECIAL REPORT: Debate over broadband services is heating up as construction of the NBN approaches completion.

Telstra and Dutch multinational Fugro have opened a remote operations centre in Gnangara, which the partners hope could be used to service industries beyond oil and gas.

Telstra says peak NBN pain will now hit in FY21 instead of FY20 after the government-owned NBN Co flagged fewer than expected connections over the next year.

Telstra has reported a 40 per cent fall in full-year profit to $2.15 billion and flagged another earnings squeeze next year as construction of the national broadband network nears completion.

The ACCC has instituted federal court proceedings against HealthEngine, accusing the WA-based health service of misleading and deceptive conduct.

Western Australia in 2029 will be dramatically different from today.

Telstra will reduce the number of contractors it employees by about 10,000 over the next two years as it tries to cut costs, chief executive Andrew Penn says.

The 9,200-kilometre Indigo subsea cable system that links Perth to Singapore and Sydney has been commissioned.