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News

• AGL makes new Vocus buyout offer

  An acquisition of Vocus by Australian energy company AGL is back on the table. Vocus revealed this morning that it had agreed to due diligence terms with AGL.

• NBN Co mulls mmWave for potential boost to fixed wireless capacity

  NBN Co wants Australia’s spectrum regulator to leave open the option of the government-owned company acquiring licences for so-called mmWave frequencies to help combat the capacity squeeze of its fixed wireless service.

• AGL confirms it considered Vocus acquisition

  Energy company AGL has confirmed that it considered a foray into the telco sector through the acquisition of Vocus, but said it has withdrawn a non-binding, indicative offer for the company.

• INDIGO subsea cable system ready to be lit up

  The INDIGO cable system, which stretches from Sydney to Singapore, via Perth, has been commissioned and is ready for use by the six consortium members that funded it.

• NBN Co registers drop in entry-level services

  The proportion of households with services at the slowest NBN speed tier decreased during the first quarter of the year, with the number of 12 megabits per second (Mbps) services also dropping in absolute terms, according to figures released today by the Australian Competition and Consumer Commission (ACCC).

• Huawei says Trump’s ban order to leave US lagging on 5G

  Chinese telecommunications equipment-maker Huawei says a White House move to ban telcos from using its equipment will leave the “US lagging behind in 5G deployment” and harm US companies and consumers.

• ACCC ditches plan to monitor dark fibre services

  The Australian Competition and Consumer Commission (ACCC) says it won’t implement a proposed rule that would have required telcos to provide it with a range of data relating to dark fibre and NBN wholesale aggregation services.

• Setback for QIC bid to acquire Superloop

  Superloop’s board says it has ended exclusive sales discussions with QIC Private Capital, after the two failed to reach an agreement on a possible acquisition of the network operator by QIC

• NBN speeds up but many FTTN services underperforming, ACCC says

  The latest broadband performance data released by the Australian Competition and Consumer Commission (ACCC) reveals that NBN speeds have generally improved. However, the ACCC said that a significant proportion of fibre to the node (FTTN) services continue to deliver substandard performance.

• NBN Co revenue growth slows as rollout nears completion

  NBN Co has reported revenue of $2.04 billion for the first three quarters of its financial year, compared to $1.41 billion for the same nine-month period last year.

• QIC makes $494m offer for Superloop

  Superloop today revealed that QIC subsidiary QIC Private Capital Pty Ltd had made an unsolicited, non-binding acquisition offer for the ASX-listed network operator.

• NEC Australia upgrades WA Health networks

  NEC Australia will deliver network upgrades for more than 500 WA Health sites in regional and remote parts of Western Australia.

• Casa acquisition of NetComm gets FIRB sign-off

  The Foreign Investment Review Board won’t seek to block a move by US firm Casa Systems to acquire NetComm Wireless.

• Telcos wary of ACCC push for scrutiny of dark fibre, NBN wholesale markets

  Network operators have called for the Australian Competition and Consumer Commission to back away from proposed rules that would allow the ACCC to collect a range of new data about the state of Australia’s dark fibre and NBN wholesale aggregation markets.

• H2 Cable and SubCom build direct link from Australia to Hong Kong

  ​Singapore-based H2 Cable has signed a contract with fibre optic cable network manufacturer and operator, SubCom to supply and install the H2 submarine cable system, connecting Australia and Hong Kong.