Telstra Financial News

30.08 / 14:19

Provident Williams CEO Action Deloitte Bayer Telstra Optus asks court to stop release of Deloitte cyberattack report

Thousands of Optus customers who had personal details stolen in a cyberattack and leaked on the dark web may never find out how the breach happened after the telecommunications group pleaded “legal professional privilege” to try to stop a report into the hack being released.

30.08 / 00:17

Target Entertainment Telstra show Future Fund warns markets ‘under-pricing’ risk

Australia’s sovereign wealth fund has posted a 6 per cent return for the year to June 30 as it increased its exposure to local and global equities.

27.08 / 19:09

UPS Provident Platform Entertainment Apple Telstra Telstra escalates platform wars with $50m Fetch TV bet

Telstra kicked off its $50 million bet on entertainment and content aggregation, relaunching streaming platform Fetch to replace Telstra TV for its 700,000 users.

25.08 / 02:03

Provident Target Enterprise Telstra country Customers Aussie Broadband eyes Telstra customers as net profit soars

Aussie Broadband managing director Philip Britt has forecast further consolidation and says the telecommunications group is going after Telstra’s customers as annual net profits quadrupled to $21.7 million.

22.08 / 23:39

COST Provident Target Entertainment Telstra country Private asset titan Apollo is coming for Australia’s super riches

Australia’s superannuation sector is not prepared for the nearing demographic cliff when the bulk of members’ capital shifts to drawing-down income, one of the world’s largest private capital managers warns.

20.08 / 06:41

COST Provident Airlines Telstra Customers TPG Telecom holding us ‘to ransom’ customers tell ACCC

TPG Telecom customers have complained to the competition watchdog that they are being held “to ransom” after the internet provider told them it would get rid of their email accounts unless they agreed to transfer them to another company.

17.08 / 19:09

UPS PwC Telstra Allegro’s PwC spin-off away after 115 partners agree to join

Allegro Fund’s carve-up of PwC’s local operations appears to be crossing the Rubicon with the breakaway group, known as Scyne Advisory, signing up more than the 100 partners flagged as a minimum to get it off the ground.

17.08 / 03:41

COST UPS Provident Digital Strategy Mobile Telstra Option Telstra profit hits $2b, shelves option for infrastructure sale

Telstra boss Vicki Brady says the emergence of artificial intelligence and demand for cloud storage are reasons to keep the telecoms group’s massive infrastructure business after delivering a 13 per cent jump in annual profit to $2.05 billion.

16.08 / 23:07

BLOCK CEO Mobile Telstra country 2024 Australia's Telstra sees higher core earnings in fiscal 2024

(Reuters) — Australia's Telstra (OTC:TLGPY) on Thursday forecast higher underlying core earnings after it posted a 14% jump in annual profit, riding on strong growth in its mobile business and an increase in postpaid prices.

10.08 / 08:33

JPMorgan UBS Telstra Moelis MA Moelis poaches real estate banker from JPMorgan

MA Moelis Australia has lured a real estate banker from JPMorgan, as it builds its talent bench.

10.08 / 07:59

UPS Target Telstra show NBN Co won’t try to up average revenue this year

NBN Co will not seek more revenue per user this year despite increasing inflation, as it prepares its fourth attempt at setting new pricing for retailers including Telstra, TPG and Optus.

04.08 / 00:39

Provident FIVE CEO Telstra Fast internet provider GigaComm raising $100m; Morgan Stanley in

Four-year-old telco GigaComm, which is run and backed by former Macquarie Capital suits, is sounding investors for a chunky raising to bankroll the infrastructure it needs to get into a million Australian homes.

01.08 / 19:33

Progressive Mobile PayDay Uncharted Vodafone Telstra TPG seeks $1b for Vision Networks, gets $6.3b bid for fibre assets

Ask and you shall receive. Take it from TPG Telecom.

01.08 / 16:43

Provident Aware Mobile Enterprise Telstra exclusive Vocus to pay $6.3b for TPG Telecom fibre networks

TPG Telecom’s shares soared to their highest level in a year after the communications business confirmed it is in exclusive talks with the Vocus Group to sell some of its fibre assets in a deal valued at $6.3 billion.

26.07 / 03:29

Provident CEO Gap Assurant PwC Telstra Scope of Switkowski’s PwC review revealed

The review of PwC Australia’s operations by former Telstra chief executive Ziggy Switkowski will not examine the firm’s tax leaks scandal or past conduct at the firm, according to its previously secret terms of reference.

23.07 / 05:41

UPS Provident Amazon Mobile Juniper Telstra TPG Telecom treads on Telstra’s turf with private mobile push

TPG Telecom is signing up more resources companies to private mobile networks, edging into industries dominated by Telstra after handing over a new network to coal miner Yancoal in NSW’s Hunter Valley.

20.07 / 06:01

COST Provident Mobile Enterprise Telstra Telstra slashes 472 jobs as it automates more operations

Telstra will spend the next two weeks consulting with employees after confirming it will cut 472 jobs so it can automate operations and compete harder with software-based rivals for business customers.

16.07 / 11:27

COST UPS Twitter Mobile SpaceX Telstra Future Deal Optus’ satellite phone deal is a future win, but has muted impact now

Optus has been on a tear. First, the telecommunications company spoiled Telstra’s plan to boost its coverage in the bush with airspace from TPG Telecom by convincing the Australian Competition Tribunal it would be bad for the marketplace.

12.07 / 11:55

Provident BLOCK Williams Mobile SpaceX Telstra Deal Optus strikes deal with Musk’s Starlink, bypasses regional NBN

Optus has joined Telstra in circumventing the National Broadband Network and turned to Elon Musk’s satellite fleet Starlink to let its customers get signal almost anywhere in the country.

08.07 / 22:31

UPS BLOCK Waters Strategy Telstra Fine Day trader behind ASIC’s Openmarkets fine boasted of being ‘a sniper’

On January 2, 2020, little-known Latvian-born day trader Philip Tauberman sent the first of more than 2000 suspicious trade orders that would eventually land his stockbroker, Openmarkets, in hot water with the corporate regulator.

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