telcos - News, Features, and Slideshows

News

• Telecom NZ profits take a 56.8% dive for FY11

  Telecom New Zealand has posted a significant 56.8 per cent drop in net profits to $NZ164 million ($AU130.86 million) for the year ending 30 June 2011.

• NetComm signs $200m NBN Co deal

  Australians in rural and regional areas will be connected to the NBN Co's 2.3Ghz LTE fixed-wireless broadband network using devices provided by NetComm (ASX:NTC) following the signing of a deal with Ericsson, estimated to be worth $200 million.

• ACCC seeks comment on Layer 2 bitstream service

  The Australian Competition and Consumer Commission (ACCC) has called for submissions into the draft description for a Layer 2 bitstream service.

• Verizon and Mac Telecom join telco services panel

  Macquarie Telecom and Verizon Australia are the latest in a slew of telcos to be appointed to the Australian Government Information Management Office’s (AGIMO), telco service panel, with just “one or two” more to be announced.

• Technology not key in disaster warnings

  The role of technology in emergency warnings and procedures is not of critical importance to their effectiveness, the chief executive of the Australasian Fire Authorities Council (AFAC) has said.

• Businesses should invest in broadband or risk being left behind

  Businesses have been urged not to miss the boat when it comes to investing early in the National Broadband Network (NBN), and advised of potential changes it could have on their operations in the future.

• Federal Govt introduces telco customer service guarantee

  Major telcos may be hit with a penalty of $2 million should they fail to comply with a new customer service guarantee (CSG) standard established by the Federal Government in an effort to shield consumers against poor customer service.

• NBN Co offers rebate for CVC pricing

  NBN Co has moved to accelerate the uptake of the National Broadband Network (NBN) by offering a rebate on the wholesale charge on its Connectivity Virtual Circuit (CVC).

• Optus Business SmartPay awarded PCI DSS compliance

  Optus has been awarded PCI DSS compliance for its Business SmartPay system, making it the first telco to achieve such a status in Australia and New Zealand.

• Global recession fears to put pressure on NBN: Turnbull

  Unstable global financial markets will put more pressure on the government to cut the cost of delivering its National Broadband Network (NBN), according to opposition communications minister, Malcolm Turnbull.

• Telecom NZ, Vodafone settle court battles

  Telecom New Zealand (ASX:TEL) and Vodafone have announced that they have settled a long-running legal dispute over service obligation payments.

• Telstra submits SSU and migration plan to ACCC

  Telstra (ASX:TLS) has submitted detailed structural separation plans to the Australian Competition and Consumer Commission (ACCC), pending shareholder approval, which it intends to meet by 2018.

• NBN Co updates pricing details for wholesale customers

  NBN Co has released more details on its wholesale pricing for companies looking to resell its services over the National Broadband Network (NBN). The telco also released its discussion paper on the planned special access undertaking (SAU) for price setting and cost recovery.

• Telstra execs promoted in anticipation of the NBN

  Two Telstra executives will step into new roles later this year, as the telco gears up for the rollout of the National Broadband Network (NBN).

• In brief: NBN Co refutes 'Evil' hack allegations

  NBN Co chief executive, Mike Quigley, has responded to media reports this week that the telco's network was compromised.