News Articles for Telstra

Telstra has announced it will record $500 million in impairments in its 2019 financial year results on ageing data-storage assets and forecast higher restructuring costs this year as it expedites a plan to slash jobs.

Telstra will build 23 of the 26 new mobile base stations and small cells to be delivered in Western Australia, as part of the fourth round of a government initiative to improve mobile coverage in regional and remote communities.

Telstra is set close its approximately 78 business centres and open 28 business technology centres in their place.

The NBN rollout continues eat away at Telstra's balance sheet, with the telco giant cutting its interim payout to shareholders after a 28 per cent dive in first-half profit to $1.2 billion.

Optus has been ordered to pay a $10 million fine, one of the highest penalties to be imposed by the Federal Court, for misleading its customers over digital content.

Telecommunications provider Swift Networks has won multiple contract extensions and expansions, as well as a new contract, in the resources industry.

The consumer watchdog has launched a new public inquiry into the conditions under which rival telcos use Telstra's existing copper network.

Three telco groups, including TPG and UK-based Dense Air, have spent $19 million securing 5G spectrum lots in Western Australia as part of an auction run by the Australian Communications and Media Authority.

NEXTDC has struck a deal with ASX-listed Superloop, giving the Brisbane-based company connectivity to the new Indigo subsea cable system for its Perth operations, including an $80 million data centre currently under construction.

The National Broadband Network is significantly outperforming ADSL services, according to a new report released by the consumer watchdog.

The consumer watchdog says 5G mobile technology could become a substitute for the National Broadband Network, on the same day NBN Co launched its new business-grade product.

Telstra launched its 5G mobile network in Perth today, while also confirming multinational telco Ericsson as its partner in a national rollout of the technology.

Telstra has refunded a total $9.3 million to more than 70,000 customers it billed without their knowledge or consent following action by the consumer watchdog.

The six-month Plus Eight accelerator program reached its 2018 culmination last night, as seven startups pitched their growth and expansion plans to a sold-out audience.

Telstra has trimmed its full-year earnings guidance range because a lower than expected number of NBN customers are available for connection.

The growth of giving circles such as 100 Women and Impact100 WA is demonstrating that the model is a sustainable pathway for philanthropy.

TPG Telecom has confirmed media speculation it is in talks with Vodafone Australia regarding a potential merger.

Welshpool-based supplier of emergency refuge chambers to the mining industry, MineARC Systems, was declared the Telstra WA Business of the Year last night, while Perth Cat Hospital, Pachamama and Earbus Foundation also picked up prizes.

Telstra's shares have hit their highest price since May, despite the telco giant reporting a full-year profit drop of 8.4 per cent to $3.56 billion.

Two submarine cables that will boost communication links between Perth and Asia have reached major construction milestones.

Geraldton-based LogicIT has been awarded $1 million worth of state government grants to provide broadband coverage to farmers in the Mid West region.

Telstra has hired former SBS boss Michael Ebeid to look after its corporate and government customers, as part of a wider senior executive overhaul announced on Monday.

Opinion: Businesses that fail to change when the market demands are playing with fire.

Telstra is axing 8,000 jobs over the next three years as it tries to save $1 billion while tackling the cost of investing in new technology and increased competition from its rivals.

Small business owners need to keep sight of the basics when they seek to navigate technology trends.

Telstra shares have fallen after the telco's ratings were downgraded due to intense competition across its core businesses and lower margins.

Telstra has blamed a software fault for its second widespread network outage in a month, which left customers unable to make calls or use mobile data.

Cystic Fibrosis WA is calling on volunteers and businesses across the state to help the charity raise $75,000 this Friday as part of its annual '65 Roses Day'.

Telstra is spending about $140 million annually on upgrading and expanding its network in Western Australia, as it seeks to enable the uptake of new technology such as the internet of things in mining, agribusiness and other industries.

Telstra expects earnings to be at the bottom end of its full-year guidance range and has flagged challenging conditions to continue in the year ahead.

Foxtel and Fox Sports have merged into a single company two months earlier than expected.

Telstra is being taken to court by the consumer watchdog, and is facing fines of up to $10 million and user refunds of $5 million after the telco allegedly charged its own customers unawares through a third-party billing service.

Seventeen months after Perth investor Anthony Grist left the board of Vocus Communications after failing to secure backing for a leadership shake-up, the three former M2 Group directors who retained control at that time have all resigned from the underperforming telco business.

News Corporation and Telstra have struck a deal that will see Foxtel and Fox Sports will merge into a single company by the end of June, with current Foxtel chief executive Patrick Delaney at its head.

Telstra has cut its dividend after the telecommunications provider's first-half profit fell almost 5 per cent to $1.7 billion.

New research paints a more optimistic view of traditional retailers' future following the local arrival of Amazon.

Telstra shares have sunk after NBN Co said it would temporarily suspend the National Broadband Network rollout to work on improving the quality of the service.

Western Australian avocado farmer Jennifer Franceschi has won a category in the national Telstra Businesswoman of the year awards, although News South Wales-based refugee advocate Violet Roumeliotis took out the top prize.

Australian businesses have cheered the nation's majority 'yes' decision in support of same-sex marriage and are urging federal parliament to legislate quickly.

Optus is offering to compensate customers that have not received the National Broadband Network speeds they were promised.