Displaying items by tag: Andrew Penn

Thursday, 23 September 2021 14:32

Telstra investor day T25 strategy

Telstra announced its T25 strategy to accelerate growth, enhance customer experiences through predictive analytics and localised support, and capitalise on permanent shifts in how people work and live.

Published in Telecoms & NBN

Telstra called upon its millions of customers to unite in the battle against COVID-19, as the company gets behind Australia’s vaccination push.

Published in Telecoms & NBN

Telstra released its results for financial year 2021, saying it had reached an important turning point in its financial performance and outlook.

Published in Telecoms & NBN

Telstra announced that all Australians can now make calls right across the country for free on Telstra’s network of more than 15,000 payphones.

Published in Telecoms & NBN

Australia's biggest telco Telstra has set out a process it will undertake this year to enable a restructure that it outlined in November last year.

Published in Telecoms & NBN

Telstra's success or failure with its new move to split up into three units will depend on how much freedom the parent group gives them to operate, based on what makes financial and economic sense, the well-known independent telecommunications analyst Paul Budde says.

Published in Telecoms & NBN

Telstra has announced that it will be splitting up into three entities under a parent company to be known as Telstra Group, with the three being InfraCo Fixed, InfraCo Towers and ServeCo.

Published in Telecoms & NBN

In a somewhat surprising display of generosity, Telstra has paid out more as dividends to its shareholders compared to its net profit for the year 2019-20.

Published in Telecoms & NBN

Global ratings agency S&P Global Ratings says Telstra needs to remain focused on implementing its T22 strategy as headwinds gather, after the telco revealed a slump in profits for 2019-20 due to the ongoing pandemic and the bushfires in summer.

Published in Telecoms & NBN

Telstra has suffered a 14% drop in profits with the telco putting the decline down to pressure put on it by the the coronavirus pandemic and the national bushfire crisis.

Published in Telecoms & NBN

Telstra is selling its data centre complex in the outer-Melbourne suburb of Clayton for $416.7 million to industrial property investment company Centuria Industrial REIT.

Published in Data Centres

Chinese telecommunications equipment vendor Huawei Technologies has welcomed the steps outlined by the Federal Government's Industry Advisory Panel on the country's next cyber security strategy, saying the IAP chief Andrew Penn agreed with Huawei's submission that the best approach to cyber security was to secure the supply chain and build an independent testing regime for all vendor equipment.

Published in Security

The Federal Government's Industry Advisory Panel, set up to advise on Australia's 2020 Cyber Security Strategy, has offered 60 recommendations to bolster the countries defences.

Published in Security

The Federal Government needs to draft a statement of expectation as to what it expects to happen to the national broadband network next, after the network rollout is officially over at the end of the month, veteran telecommunications analyst Paul Budde says, adding that otherwise Australia will continue to languish in the broadband wilderness.

Published in Telecoms & NBN

Telstra has announced that it would put on hold any further job cuts for the next six months, adding that its program to cut 8000 jobs in total by 2022 to reduce underlying fixed costs by $2.5 billion would continue as usual.

Published in Telecoms & NBN

Australia's biggest telco Telstra has brought forward its plans, announced last June, to sack thousands of workers, leading to an increase of $200 million in the company's restructuring costs for the current financial year.

Published in Telecoms & NBN

Vodafone Hutchison Australia chief executive Iñaki Berroeta has criticised Telstra for seeking a drop in NBN prices at a time when it is receiving $2.5 billion from NBN Co for use of its infrastructure and for customers who have been transferred over.

Published in Telecoms & NBN
Thursday, 14 February 2019 09:44

Telstra profits drop by 28% as NBN continues to bite

Telstra has revealed a fall of 27.4% in its net profit after tax and a drop of 4.1% in its reported income for the first half of fiscal year 2019.

Published in Telecoms & NBN

Telstra has announced that it has signed exclusive deals with unspecified companies to offer 5G smartphones to its customers in the first half of the year.

Published in Telecoms & NBN

Telstra has moved quickly to launch its first 5G Melbourne and Sydney sites after being given early access to the 3.6 GHz spectrum it won at auction last week.

Published in Telecoms & NBN
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