J58 Telecommunications Services

Buyers firming up for next round of bids for Vocus NZ operation

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Original article by Max Mason
The Australian Financial Review – Page: 15 : 5-Mar-18

Vocus Group appears on target to complete the sale of its New Zealand business by the end of the 2017-18 financial year. Trust Power and 2degrees are known to have made the next stage of the bidding process, but it is understood that other parties have also done so. Vocus has indicated that it is seeking between $A500 million and $A600 million for its New Zealand unit, which generated revenue of $NZ342 million ($A315 million) for the year to 30 June 2017.

CORPORATES
VOCUS GROUP LIMITED – ASX VOC, TRUST POWER LIMITED, 2 DEGREES MOBILE LIMITED, TRILOGY INTERNATIONAL PARTNERS, STUFF.CO.NZ, SPARK NEW ZEALAND LIMITED – ASX SPK, CREDIT SUISSE (AUSTRALIA) LIMITED, GOLDMAN SACHS AUSTRALIA PTY LTD

Telstra boss says 5G can kick-start telco sector earnings

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Original article by Max Mason
The Australian Financial Review – Page: 17 : 16-Feb-18

Telstra has advised that that its net profit for the first half of 2017-18 was down 4.9 per cent to $A1.7 billion, while total revenue increased by 5.9 per cent to $A14.51 billion. CEO Andy Penn says the global telecommunications sector is going through a period of cyclical change. Customers are seeking to extract more value and data from their plans, while telcos’ margins are under pressure. However, Penn is optimistic that the introduction of 5G services will help to revive growth in the sector.

CORPORATES
TELSTRA CORPORATION LIMITED – ASX TLS, NBN CO LIMITED, MOODY’S ANALYTICS AUSTRALIA PTY LTD, SINGTEL OPTUS PTY LTD, CITIGROUP PTY LTD

Telstra plans to market 5G from 2019

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Original article by Paul Smith
The Australian Financial Review – Page: 18 : 5-Feb-18

Telstra is intending to run 5G trials during the upcoming Commonwealth Games on the Gold Coast, with the intention of offering full 5G services in 2019. Rival telco Optus had announced on 2 February that it intends to start offering 5G services in 2019. Meanwhile, telecommunications Paul Budde says 5G represents a threat to the NBN when it comes to those internet users that purchase the more basic user packages, although NBN spokesperson Tony Brown does not believe this is the case.

CORPORATES
TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, NBN CO LIMITED, VODAFONE AUSTRALIA LIMITED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

NBN ready to pull plug on a million phones

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Original article by Anthony Klan
The Australian – Page: 7 : 15-Jan-18

NBNCo has advised that more than 926,000 premises will be disconnected from their existing telephone network in the first half of 2018, having been connected to the National Broadband Network. A spokesman for NBNCo says homes and businesses are given plenty of warning regarding their upcoming disconnection, with up to five letters being sent to them. These letters are in addition to any advice given to them by their telecommunications provider. The rollout of the National Broadband Network is expected to be completed in 2020.

CORPORATES
NBN CO LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD

Mobile phone competition heats up in Sydney CBD

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 16-Nov-17

A Roy Morgan Single Source survey has found that Vodafone held 31.9% of the mobile phone market among Sydney CBD workers in the six months to October 2017, down from 32.7% in October 2016. Vodafone was followed by Telstra with a 28.3% share (down 2.4% points) and Optus 24.4% (down 2.3% points). With all three of the major players showing a decline over the last 12 months, gains were seen from smaller players, which combined now account for 19.9% (up 5.3% points). Among the smaller players, gains were mainly as a result of increases in share from Virgin and TPG. Mobile phone providers’ share of the Sydney CBD workers is very different from their total national share. Telstra clearly dominates nationally with 43.2%, followed by Optus (24.7%), Vodafone (17.3%) and others (17.1%).

CORPORATES
ROY MORGAN RESEARCH LIMITEDVODAFONE AUSTRALIA LIMITEDTELSTRA CORPORATION LIMITED – ASX TLSOPTUS MOBILE PTY LTDVIRGIN MOBILE (AUSTRALIA) PTY LTDTPG TELECOM LIMITED – ASX TPM

Telco nets 1million customers

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Original article by Michael Bailey
The Australian Financial Review – Page: 26 : 29-Aug-17

Amaysim Australia has posted a 2016-17 net profit after tax of $A11.5 million, which is seven per cent lower than previously. Amaysim’s statutory earnings increased by 35 per cent to $A33.8 million, while its revenue rose by 29 per cent to $A326.7 million. Shareholders will receive a fully franked final dividend of $A0.051 per share. Amaysim shares closed up five per cent at $A1.75 on 28 August.

CORPORATES
AMAYSIM AUSTRALIA LIMITED – ASX AYS, CLICK ENERGY, SINGTEL OPTUS PTY LTD, AUSBBS

Crackdown on telcos ‘terrible’ NBN ads

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Original article by Max Mason
The Australian Financial Review – Page: 6 : 22-Aug-17

The Australian Competition & Consumer Commission will introduce voluntary standards covering national broadband network advertising by ISPs. Announcing the creation of the standards on 21 August, ACCC chairman Rod Sims described the current standard of NBN advertising by ISPs as "terrible", with ISPs not making it clear in their marketing the internet access speed that customers can expect if they sign up to an NBN plan. ISPs have been given three months to be in compliance with the standards.

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, NBN CO LIMITED

Thousands to get refunds after NBN overcharging

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Original article by Anthony Klan
The Australian – Page: 2 : 21-Aug-17

Optus may look to refund customers who signed up for national broadband network (NBN) packages that offered internet speeds that could not be delivered. Telstra made a similar announcement in May, stating that almost 8,000 customers would get refunds. Optus has criticised the $A49 billion NBN project over the high cost of bandwidth, stating that this is making it difficult for it to offer high-speed internet access to some of its customers.

CORPORATES
SINGTEL OPTUS PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, NBN CO LIMITED

NBN reality hits Telstra investors

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Original article by Max Mason
The Australian Financial Review – Page: 1 & 2 : 18-Aug-17

Telstra has reported 2016-17 EBITDA of $A10.7 billion, up two per cent, while its profit from ongoing operations rose 1.1 per cent to $A3.9 billion. However, shares in the telco fell by 10.6 per cent on 17 August after it advised that dividend payments will be reduced in coming years, as it has to absorb higher costs in regard to the rollout of the national broadband network. Delian Entchev of Watermark Funds Management says Telstra should have changed its dividend payout ratio some time ago.

CORPORATES
TELSTRA CORPORATION LIMITED – ASX TLS, NBN CO LIMITED, WATERMARK FUNDS MANAGEMENT PTY LTD, AUTOHOME INCORPORATED, CITI AUSTRALIA PTY LTD

Telcos refuse to guarantee speed

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Original article by Anthony Klan
The Australian – Page: 1 & 2 : 24-Jul-17

NBN Co is imposing high bandwidth charges on telcos, in order to provide the Federal Government with a sound return on the $A49 billion it has committed to the National Broadband Network project. The high charges mean telcos are not buying the required amount of bandwidth, resulting in very slow access times during high usage periods. As a result, telcos such as Telstra, Optus and TPG are refusing to promise that customers who sign for a specific NBN speed package will indeed be guaranteed to receive services at that speed.

CORPORATES
NBN CO LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, TPG TELECOM LIMITED – ASX TPM, DODO AUSTRALIA PTY LTD, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AUSTRALIAN LABOR PARTY