NBN cost rise no surprise to Thodey, further increase not expected

Original article by David Ramli
The Australian Financial Review – Page: 23 : 1-Sep-15

Former Telstra CEO David Thodey expects the latest blowout in the cost of the national broadband network will be the last as NBN Co develops a firm understanding of its challenges. It was not unusual to confront large increases in technology projects, said Thodey, who negotiated the sale of Telstra assets to NBN Co. The latest figure of $A56 billion is up $A15 billion on earlier estimates.

CORPORATES
NBN CO LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS, OVUM RESEARCH

ACCC gives tick to TPG’s iiNet takeover

Original article by David Ramli
The Australian Financial Review – Page: 20 : 21-Aug-15

The Australian Competition and Consumer Commission has approved TPG Telecom’s takeover of iiNet. TPG will now become Australia’s second biggest provider of fixed-line broadband with 1.7 million customers, compared with 3.1 million for Telstra and one million for Optus.

CORPORATES
TPG TELECOM LIMITED – ASX TPM, IINET LIMITED – ASX IIN, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, AUSTRALIAN COMPANIES AND SECURITIES COMMISSION, ASX LIMITED – ASX ASX, M2 GROUP LIMITED – ASX MTU, DODO AUSTRALIA PTY LTD, IPRIMUS, NBN CO LIMITED

NBN win could cost TPG sales

Original article by David Ramli
The Australian Financial Review – Page: 3 : 6-Jan-15

New restrictions on companies building fast broadband networks have resulted in TPG Telecom stopping sales of its superfast broadband plan. Australian Communications Minister Malcolm Turnbull announced the extra restrictions on 14 December 2014. His motivation was to protect the interests of the national broadband network operator, NBN Co. TPG stated on 5 January 2015 that the company was unable to meet the new requirements and that consequently new orders for the service will not be accepted

CORPORATES
TPG TELECOM LIMITED – ASX TPM, NBN CO LIMITED, AUSTRALIA. DEPT OF COMMUNICATIONS