Southern Phone takes top place in Home Phone Satisfaction

Original article by Roy Morgan
Market Research Update – Page: Online : 11-Nov-19

Southern Phone has won its third consecutive Roy Morgan Home Phone Provider of the Month Award, with a customer satisfaction rating of 82% for September 2019. Southern Phone was followed by Internode on a satisfaction rating of 79%, iPrimus on 73%, iiNet on 72% and TPG on 72%. Home phone usage has consistently declined over recent years. The number of Australians aged 14+ with a home phone has dropped from 14.2 million (74.3% of the population) in 2013 to 9.4 million (45.4%) in September 2019. Meanwhile, the number of Australians with one or more mobile phones has risen over the same period, from 17.7 million (92.2%) to 19.9 million (95.9%). Australians aged 65+ have the highest proportion of home phone ownership. As a group, Australians who use Southern Phone as their home-phone provider tend to skew older than the average home-phone user. The mean age of Southern Phone customers (14+) is 57 years, compared to 53 years for home-phone users in general and 46 for Australians aged 14+ as a whole.

CORPORATES
ROY MORGAN LIMITED, SOUTHERN PHONE COMPANY LIMITED, IPRIMUS, IINET LIMITED, TPG TELECOM LIMITED – ASX TPM

Telcos cop fewer complaints but take longer to solve them

Original article by Supratim Adhikari
The Australian – Page: 20 : 25-Sep-19

Data from the Telecommunications Industry Ombudsman shows that it received 132,387 complaints about telephone and internet services in 2018-19, which is 21.1 per cent lower than previously. The figures also show that just 47 per cent of escalated complaints were not resolved within 60 days, compared with 77 per cent in 2017-18. Meanwhile, 32.6 per cent of complaints received by the TIO were about fixed-line broadband services, while 30.3 per cent concerned mobile phone services.

CORPORATES
TELECOMMUNICATIONS INDUSTRY OMBUDSMAN LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS

Telstra stung by go-slow on NBN

Original article by Supratim Adhikari
The Australian – Page: 19 : 3-Sep-19

NBN Co’s latest corporate plan indicates that seven million homes will have an active National Broadband Network service by 30 June 2020, compared to its previous forecast of 7.5 million. The slowdown in the number of homes being connected to the NBN will not only impact on NBN Co’s revenue forecasts but on Telstra’s as well. The telco has advised that the slowdown will reduce its revenue by about $400m.

CORPORATES
NBN CO LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS

ALDImobile on top with fourth Roy Morgan monthly award in 2019

Original article by Roy Morgan
Market Research Update – Page: Online : 3-Sep-19

ALDImobile has won the Roy Morgan Mobile Phone Service Provider Monthly Customer Satisfaction Award for July 2019 with a customer satisfaction rating of 83%. ALDImobile’s rating has fallen 1% over the last year, although it has displaced former market leader Boost Mobile, whose customer satisfaction rating has fallen by 8% in the last year to 82%. Third-placed Vodafone has a customer satisfaction rating of 79%, just ahead of TPG and Belong (both on 78%). These are the latest findings from the Roy Morgan Single Source survey, derived from in-depth face-to-face interviews with 1,000 Australians each week in their homes and over 50,000 each year.

CORPORATES
ROY MORGAN LIMITED, ALDIMOBILE, BOOST MOBILE, VODAFONE AUSTRALIA LIMITED, TPG TELECOM LIMITED – ASX TPM, BELONG PTY LTD

Telstra behind high NBN prices

Original article by Supratim Adhikari
The Australian – Page: 17 & 27 : 1-Aug-19

Telstra CEO Andy Penn has used a National Press Club speech to call for NBN Co to reduce the wholesale prices that it charges for accessing the national broadband network. He argued that the current wholesale prices means it is not profitable for telcos to resell NBN services, and that reducing these charges would encourage investment in the sector. However, Andrew Sheridan of Optus argues that the high wholesale prices are at least partly due to NBN Co’s ongoing payments to Telstra. Vodafone CEO Inaki Berroeta agrees with his comments.

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

Bill will scare off vendors: Telstra

Original article by Supratim Adhikari
The Australian – Page: 27 : 19-Jul-19

The federal government’s encryption laws have attracted criticism from a range of sectors, including the technology industry and civil liberties groups. In its submission to the Parliamentary Joint Committee on Intelligence & Security, Telstra claimed that the legislation will make international vendors reluctant to share new devices and technology with Australian telcos. Telstra also contends that the legislation has the potential to disrupt network services.

CORPORATES
TELSTRA CORPORATION LIMITED – ASX TLS, AUSTRALIA. PARLIAMENTARY JOINT COMMITTEE ON INTELLIGENCE AND SECURITY

AGL under pressure to explain Vocus takeover

Original article by Lucas Baird, Simon Evans
The Australian Financial Review – Page: 15 & 22 : 12-Jun-19

Vocus Group has agreed to allow AGL Energy to commence due diligence after offering $4.85 per share for the telco. AGL investors have responded bearishly to the $3bn bid, with its share price falling 7.2 per cent to $19.40 on 11 June. Sentiment toward AGL was also affected by an earnings downgrade on 7 June, before the stock market closed for a long weekend. Justin Braitling of Watermark Funds Management and James Nevin of RBC Capital Markets have questioned whether Vocus is an appropriate target for AGL.

CORPORATES
AGL ENERGY LIMITED – ASX AGL, VOCUS GROUP LIMITED – ASX VOC, WATERMARK FUNDS MANAGEMENT PTY LTD, RBC CAPITAL MARKETS, EQT INFRASTRUCTURE, M2 GROUP LIMITED

Vocus has no regrets as turnaround proves too risky for EQT

Original article by James Fernyhough
The Australian Financial Review – Page: 13 & 20 : 6-Jun-19

Vocus Group CEO Kevin Russell says he is not aware of any other potential takeover approaches for the telco, after EQT Infrastructure chose not to make a binding offer for the company. EQT undertook due diligence on Vocus after approaching it with a non-binding offer of $5.25 per share. The Sweden-based private equity firm’s decision to walk away from a deal prompted a sell-down of Vocus shares on 5 June, with the stock closing almost 18 per cent lower at $3.77. Russell says Vocus is making progress in its turnaround strategy.

CORPORATES
VOCUS GROUP LIMITED – ASX VOC, EQT INFRASTRUCTURE, M2 GROUP LIMITED, AGL ENERGY LIMITED – ASX AGL, SINGTEL OPTUS PTY LTD, GREENCAPE CAPITAL PTY LTD

Telstra set to axe 10,000 contractors

Original article by James Fernyhough, Max Mason
The Australian Financial Review – Page: 13 & 16 : 5-Jun-19

Telstra CEO Andy Penn has advised that the focus of the telco’s ‘T22’ strategy cost-cutting will shift to its indirect workforce from 2019-20. Telstra boasts about 40,000 indirect workers, who include contractors, call-centre workers and customer service staff. Penn has signalled that the telco will shed about 25 per cent of these workers over the next two years. Telstra unveiled plans in mid-2018 to retrench some 8,000 direct employees over the next several years. The ACTU has accused Telstra of putting profits ahead of people, jobs and service.

CORPORATES
TELSTRA CORPORATION LIMITED – ASX TLS, ACTU, NEW STREET RESEARCH

New minister ready for big to-do list

Original article by Max Mason
The Australian Financial Review – Page: 29 : 27-May-19

Paul Fletcher has replaced Mitch Fifield as Minister for Communications and the Arts in a cabinet reshuffle following the federal election. The former Optus executive will face a number of challenges in the portfolio, including lobbying by telcos for a reduction in the national broadband network’s wholesale pricing and a push by TV networks for drama and children’s content quotas to be relaxed. The Australian Competition & Consumer Commission’s final report on its inquiry into digital platforms will also be released shortly.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, SINGTEL OPTUS PTY LTD, NBN CO LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS, TPG TELECOM LIMITED – ASX TPM, FREE TV AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FAIRFAX MEDIA LIMITED, GOOGLE INCORPORATED, FACEBOOK INCORPORATED