Optus fights off rivals with data boost

Original article by David Ramli
The Australian Financial Review – Page: 3 : 7-Apr-15

Singtel Optus will offer more generous mobile download limits to new customers. Those signing up to a standard $A60 plan over 24 months will have a monthly limit of three gigabytes of data, compared with the previous limit of 2GB. Optus has 9.39 million mobile subscribers, versus Telstra’s 16.4 million and Vodafone Australia’s 5.3 million

CORPORATES
SINGTEL OPTUS PTY LTD, SINGAPORE TELECOMMUNICATIONS LIMITED – ASX SGT, TELSTRA CORPORATION LIMITED – ASX TLS, VODAFONE HUTCHISON AUSTRALIA PTY LTD, TPG TELECOM LIMITED – ASX TPM, IINET LIMITED – ASX IIN, FETCHTV PTY LTD, NETFLIX INCORPORATED, MORGAN STANLEY AUSTRALIA LIMITED, AUSTRALIAN COMMUNICATIONS CONSUMER ACTION NETWORK LIMITED

Vodafone aims to be favourite

Original article by David Ramli
The Australian Financial Review – Page: 21 : 31-Mar-15

Data from the Telecommunications Industry Ombudsman shows that Vodafone Australia attracted 10.5 complaints for 10,000 customers in the December 2014 quarter. Director of customer service Errol van Graan says the telco aims to reduce this to 5.25 per cent by the end of 2015. Vodafone has lost more than two million customers since it was plagued by network problems in 2010, but it has since invested significantly in network upgrades and a call centre in Hobart

CORPORATES
VODAFONE AUSTRALIA LIMITED, VODAFONE HUTCHISON AUSTRALIA PTY LTD, TELECOMMUNICATIONS INDUSTRY OMBUDSMAN LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, SPOTIFY LIMITED, STAN, FOXTEL MANAGEMENT PTY LTD, PRESTO ENTERTAINMENT PTY LTD, NETFLIX INCORPORATED, CREDIT SUISSE (AUSTRALIA) LIMITED

TPG’s Teoh pledges to keep best of iiNet

Original article by David Ramli
The Australian Financial Review – Page: 17 & 22 : 25-Mar-15

TPG Telecom has posted a 2014-15 interim net profit of $A106.7m, which is 18 per cent higher than previously. Meanwhile, executive chairman David Teoh says the group’s $A1.4bn takeover offer for iiNet is "compelling". He has responded to criticism from some iiNet shareholders by stressing that the target’s customer service will not be affected if the bid succeeds. He also says it is too early to know the extent of any job cuts at iiNet

CORPORATES
TPG TELECOM LIMITED – ASX TPM, IINET LIMITED – ASX IIN, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT, TELSTRA CORPORATION LIMITED – ASX TLS

Most HTC smartphone owners with Telstra – can Optus or Vodafone claim bigger share of HTC One M9 buyers?

Original article by Roy Morgan Research
Market Research Update – Page: Online : 23-Mar-15

A Roy Morgan Single Source survey has found that almost one million Australians aged 14+ currently have a HTC smartphone as their main mobile phone. The survey, which was carried out in the year to December 2014, also shows that 55 per cent of HTC smartphone owners use the Telstra network, while 18 per cent use Optus and 14 per cent are with Vodafone. Roy Morgan Research’s Tim Martin notes that 28 per cent of HTC owners are over the age of 50, but 65 per cent of current smartphone users who intend to buy a HTC within the next six months are less than 35 years old

CORPORATES
ROY MORGAN RESEARCH LIMITED, HTC CORPORATION, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, VODAFONE AUSTRALIA LIMITED, SAMSUNG ELECTRONICS COMPANY LIMITED, APPLE INCORPORATED

iiNet founder tries to kill $1.4b TPG bid

Original article by David Ramli
The Australian Financial Review – Page: 1 & 8 : 24-Mar-15

Investors who hold about 14 per cent of iiNet’s shares believe that the $A1.4bn takeover offer from TPG Telecom undervalues the group. The dissenters include iiNet founder Michael Malone, who holds about 2.5 per cent of the telco’s shares. He has criticised iiNet chairman Michael Smith for failing to consult with shareholders until 10 days after the bid was made, and says the majority of iiNet’s board should be ousted in favour technology entrepreneurs

CORPORATES
IINET LIMITED – ASX IIN, TPG TELECOM LIMITED – ASX TPM, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT, SINGTEL OPTUS PTY LTD, SINGAPORE TELECOMMUNICATIONS LIMITED – ASX SGT

iiNet chairman to meet irate investors

Original article by Jemima Whyte, David Ramli
The Australian Financial Review – Page: 15 : 23-Mar-15

A number of iiNet shareholders have expressed concern that TPG Telecom’s $A1.4bn takeover offer undervalues the group. Australian-listed iiNet will hold meetings with shareholders in the next week, while chairman Michael Smith will discuss the proposed merger with investors on 23 March 2015. However, some investors – particularly those who hold shares in both groups – are in favour of the deal

CORPORATES
IINET LIMITED – ASX IIN, TPG TELECOM LIMITED – ASX TPM, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT, M2 GROUP LIMITED – ASX MTU, SINGTEL OPTUS PTY LTD, AUSTRALIAN INSTITUTE OF COMPANY DIRECTORS, AZURE CAPITAL PARTNERS LP

Major iiNet shareholder labels TPG bid price ‘absurd’

Original article by David Ramli, Jemima Whyte
The Australian Financial Review – Page: 13 & 18 : 20-Mar-15

BT Investment Management’s Paul Hannan says the fund manager is disappointed that iiNet directors have not contacted major shareholders regarding TPG Telecom’s takeover offer. Hannan adds that the current offer gives iiNet shareholders little benefit from synergies arising from a merger. Andrew Abercrombie, who holds 500,000 shares in iiNet, has also criticised the telco’s lack of communication with investors in recent months

CORPORATES
IINET LIMITED – ASX IIN, TPG TELECOM LIMITED – ASX TPM, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT, NBN CO LIMITED, INTERNODE SYSTEMS PTY LTD, AUSTRALIAN INSTITUTE OF COMPANY DIRECTORS, AZURE CAPITAL PARTNERS LP, SINGTEL OPTUS PTY LTD

TPG cutting customer service could derail iiNet purchase

Original article by David Ramli
The Australian Financial Review – Page: 23 : 17-Mar-15

TPG Telecom’s proposed acquisition of iiNet for $A1.4 billion has triggered a rise in the share prices of both companies. Shareholders may be optimistic, but iiNet customers have expressed reservations about the merger’s impact on the ISP’s high level of customer service. TPG in contrast specialises in the provision of low-cost internet access

CORPORATES
IINET LIMITED – ASX IIN, TPG TELECOM LIMITED – ASX TPM, BDO GROUP PTY LTD, CITI PTY LTD

Streaming service Stan strikes deal for Telstra customers

Original article by Max Mason
The Australian Financial Review – Page: 17 : 17-Mar-15

A Telstra spokesperson says the telco is holding talks with the video streaming joint venture of Fairfax Media and Nine Entertainment Company. The special promotional offer with Stan would be restricted to selected Telstra customers, although neither party has revealed details of the deal. Stan has also secured a deal with rival telco Vodafone, while Telstra owns 50 per cent of Foxtel, which in turn has its own streaming joint venture

CORPORATES
TELSTRA CORPORATION LIMITED – ASX TLS, FAIRFAX MEDIA LIMITED – ASX FXJ, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, STAN, VODAFONE AUSTRALIA LIMITED, FOXTEL MANAGEMENT PTY LTD, PRESTO ENTERTAINMENT PTY LTD, NETFLIX INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, SINGTEL OPTUS PTY LTD, SINGAPORE TELECOMMUNICATIONS LIMITED – ASX SGT, FETCHTV PTY LTD, IINET LIMITED – ASX IIN, M2 GROUP LIMITED – ASX MTU

To dial for: the Australian home phone service providers with the most satisfied customers

Original article by Roy Morgan Research
Market Research Update – Page: Online : 13-Mar-15

A Roy Morgan Single Source survey has found that 67 per cent of Australians aged 14+ who are home phone customers were satisfied with their provider in the six months to December 2014. This is one per cent lower than in the same period during 2013. Southern Phone’s customer satisfaction rating rose by six per cent to 91 per cent in the second half of 2014, ahead of Internode (85 per cent) and its parent company, iiNet (77 per cent)

CORPORATES
ROY MORGAN RESEARCH LIMITED, SOUTHERN PHONE COMPANY LIMITED, INTERNODE SYSTEMS PTY LTD, IINET LIMITED – ASX IIN, TPG TELECOM LIMITED – ASX TPM, SINGTEL OPTUS PTY LTD, IPRIMUS, TELSTRA CORPORATION LIMITED – ASX TLS, DODO AUSTRALIA PTY LTD