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.
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.
Some of the world’s biggest tech companies have told their employees to stop talking about technology and technical standards with counterparts at Huawei in response to the recent U.S. blacklisting of the Chinese tech firm, according to people familiar with the matter.
Social networking leviathan Facebook wants Australia to leave open the option of so-called high altitude platform stations (HAPS) employing the 28GHz spectrum band used locally for satellite services.
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.
Vocus says that private equity firm EQT Infrastructure doesn't intend to proceed with a proposed $3.3 billion acquisition of the ASX-listed telco group, whose brands include Dodo, iPrimus and Commander.
Telstra has unveiled new prices for payphone calls, offering a flat rate for calls to landlines and cutting the cost of calling Australian mobile phone numbers.
Netflix’s production arm, Netflix Studios, is backing legal action brought in the Federal Court of Australia that seeks to have major Internet service providers (ISPs) block dozens of websites allegedly linked to online piracy.
Without a realistic upgrade path to 5G there is “no credible case” for TPG to resume its rollout of Australia’s fourth mobile network, the telco has argued.
Mobile reseller Amaysim says it has signed a “revitalised wholesale network services agreement” (NSA) with Optus.
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AGL has confirmed that it considered a foray into the telco sector through the acquisition of Vocus, but said it has withdrawn a non-binding, indicative offer for the company.
Telstra and Optus have urged the Australian Communications and Media Authority (ACMA) to leave open the possibility of local mobile operators getting access to spectrum in one of the bands being used in other countries to deliver 5G.
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.
The establishment of a fourth mobile network operator (MNO) in Australia would “likely intensify
competition in mobile and fixed markets,” according to an analysis by S&P Global Ratings team.
Optus will upgrade 11 small cells in regional Western Australia as part of an agreement struck between the telco and the WA government.
Telstra’s network engineering chief, Channa Seneviratne, says that the telco has launched 5G at a much earlier stage in the technology’s development compared to the 3G and 4G standards.