Hot price for Telstra’s $2.8bn tower sale

Original article by David Swan
The Australian – Page: 15 : 1-Jul-21

Telstra has struck a deal to sell a 49 per cent stake in its mobile phone tower network to a consortium that includes the Future Fund. The telco had previously flagged plans to divest a stake in the InfraCo Towers business via an auction process later in 2020, but Telstra CEO Andrew Penn says the consortium approached it with a "compelling" proposal. Telstra will return about half of the net proceeds of the $2.8bn transaction to its shareholders. Optus is also looking at selling its communications towers.

CORPORATES
TELSTRA CORPORATION LIMITED – ASX TLS, AUSTRALIA. FUTURE FUND MANAGEMENT AGENCY, SINGTEL OPTUS PTY LTD

Unlockd raises $30.7m, eyes key Asian markets

Original article by Paul Smith
The Australian Financial Review – Page: 24 : 25-May-17

Unlockd CEO Matt Berriman says the mobile telephone advertising technology company will use the proceeds of its latest round of fund raising to expand its presence in the Asia-Pacific region. Venture capital firm Alium Capital and Malaysian telco Axiata are among the contributors to Unlockd’s series B funding round, which has raised $US23m (A$30.7m). Berriman has also indicated that Unlockd’s mobile advertising platform will be launched in several new markets in coming months.

CORPORATES
UNLOCKD PTY LTD, ALIUM CAPITAL, AXIATA, CITIBANK PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, CATCH-OF-THE-DAY.COM.AU

are still dragging satisfaction levels down

Original article by Roy Morgan Research
Market Research Update – Page: online : 5-Jan-17

A Roy Morgan Single Source survey has found that banking using an app on a mobile phone or tablet is now more popular than using branches, with 38.8% of Australians using it in an average four-week period, compared with only 28.2% for branches. Satisfaction is a major driver of this trend with 90.7% satisfaction with mobile banking among the big four, compared to 84.8% satisfaction with branches. With a 93.8% satisfaction rate among its mobile banking customers, the CBA has the highest satisfaction of the 10 major banks and has improved by 2.2% points over the last 12 months. Bendigo Bank is a close second with 93.4%, followed by ING Direct on 92.7%. The remainder of the big four banks were well below this top group with ANZ on 88.4%, NAB on 88.0% and Westpac on 87.7%.

CORPORATES
ROY MORGAN RESEARCH LIMITED, BANK OF QUEENSLAND LIMITED – ASX BOQ, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, WESTPAC BANKING CORPORATION – ASX WBC, GREATER BANK LIMITED, BENDIGO AND ADELAIDE BANK LIMITED – ASX BEN, ING DIRECT, SUNCORP BANK, ST GEORGE BANK LIMITED, BANK OF WESTERN AUSTRALIA LIMITED

Optus in download fast lane

Original article by Mitchell Bingemann
The Australian – Page: 19 : 22-Sep-14

Singtel Optus has upgraded its 4G mobile network with LTE-Advanced Carrier Aggregation technology. The telco has indicated that trials of the technology achieved download rates of 160Mbps, compared with a maximum potential download speed of 150Mbps for existing 4G networks. Current mobile devices cannot achieve the higher download speeds, although Optus expects to offer them in coming months

CORPORATES
SINGTEL OPTUS PTY LTD, SINGAPORE TELECOMMUNICATIONS LIMITED – ASX SGT, TELSTRA CORPORATION LIMITED – ASX TLS

Vodafone’s 4G boost will rival Telstra, Optus

Original article by David Ramli
The Australian Financial Review – Page: 20 : 30-Jul-14

Benoit Hanssen of Vodafone Hutchison Australia says the telco will transfer 50 per cent of its 850MHz radio spectrum to its 4G mobile network by the end of 2014. The remainder of this spectrum, which is currently used by Vodafone’s 3G network, will be reallocated to 4G in 2015. The move will enhance Vodafone’s ability to compete with the 4G networks of Telstra and Singtel Optus

CORPORATES
VODAFONE HUTCHISON AUSTRALIA PTY LTD, VODAFONE AUSTRALIA LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, SINGAPORE TELECOMMUNICATIONS LIMITED – ASX SGT, ERICSSON AUSTRALIA PTY LTD, SAMSUNG CORPORATION, HTC CORPORATION, APPLE INCORPORATED