CommsWire daily newsletter - 6 February 2020

Vodafone Australia unveils new leadership pending TPG merger The local office of Vodafone has promoted two key staff members from within to higher senior management positions, but made it clear the appointments are interim pending the Federal Court decision on the VHA merger with TPG.

CommsWire - 8 November 2019

ACCC appeals court decision on TPG prepayments The competition regulator, the ACCC, has appealed a Federal Court decision against telecommunications provider TPG for alleged false or misleading representations it made about ‘pre-payments’ customers had to make on its pre-paid internet, home telephone and mobile plans.

CommsWire - 14 October 2019

Court throws out ACCC case against TPG over pre-payments The Federal Court has thrown out a case filed by the Australian consumer watchdog claiming that telco TPG Telecom had made false and misleading claims to obtain pre-payments for Internet, home telephone and mobile plans.

CommsWire - 6 September 2019

TPG profits fall 56% 'due to mobile network cancellation' Telecommunications provider TPG Telecom has reported a fall of 56% in net profits for the financial year 2019 compared to last year, with the company attributing the fall from $397.5 million to $175 million to its being forced to give up plans for a mobile network.

CommsWire - 30 July 2019

5G Huawei ban based on incorrect technical advice: Ovum China’s largest telco Huawei says a new report from independent global telecoms consultancy Ovum proves that a ban on the company from participating in Australia’s 5G rollout was based on incorrect advice from security agencies including the ASD.

CommsWire - 27 May 2019

Vocus gets A$3.3b takeover offer from Swedish equity firm Australia's fourth largest telecommunications company Vocus Communications has advised the ASX that it has received an indicative takeover offer from Swedish private equity firm EQT Infrastructure for A$5.25 per share, valuing the company at A$3.3 billion.

CommsWire - 8 May 2019

5G potential ‘dispels myth’ on the value to consumers: report The potential of 5G technology to benefit consumers dispels the ICT “industry myth” that consumers are unwilling to pay a premium on 5G, according to a newly published study which found that smartphone users are willing to pay 20% more for 5G services.

CommsWire - 6 May 2019

TPG, Vodafone will make concessions to ensure merger: analyst TPG Telecom and Vodafone Hutchison Australia are tipped to make sufficient concessions to the ACCC that would see TPG remaining in the market as a price-fighter brand, three days ahead of a final decision on the proposed merger is due to be handed down.

CommsWire - 19 March 2019

TPG profit smashed by mobile network cancellation Telecommunications provider TPG Telecom has announced a reported net profit after tax of $46.9 million for the first half of its 2019 fiscal year, which ended on 31 January, a drop of 76.4% from $198.6 million, year on year.

CommsWire - 4 March 2019

Coles snubs Telstra, cuts $100m NBN deal with Optus Retail giant Coles has unveiled a multi-year $100 million partnership with the business division of Singtel Optus to move its outlets to the national broadband network.