Displaying items by tag: Vocus Group

Telstra's decision to acquire Digicel Pacific is a political decision, Australia's top independent telecommunications analyst Paul Budde says, adding that it would never have happened without the involvement of the government.

ASIC has levelled two counts of insider trading charges against Vaughan Garfield Bowen, of Brighton, Victoria. Bowen appeared on 14 September via legal representatives in the Melbourne Magistrates Court.

The Vocus Group board has recommended that its shareholders accept an offer Macquarie’s infrastructure fund and Aware Super to acquire the company at a valuation of $3.5 billion.

The Vocus Group telecommunications company has appointed financial advisers in preparation for an Initial Public Offering (IPO) of Vocus New Zealand expected to be undertaken before the end of 2021.

The Vocus Group has reported total revenue of $1.78 billion for the 2019-20 financial year, a drop of 6% on the 2018-19 period.

Australia’s competition watchdog the ACCC is taking court action against retail service providers Dodo and iPrimus alleging they made false or misleading claims about the NBN broadband speeds their customers could achieve during busy evening hours.

Data centres service provider DCI Data Centers has appointed Malcolm Roe as Chief Executive Officer for Australia.

The Vocus Group has signed a deal with rare earths firm Northern Minerals to supply the company's broadband needs in partnership with the NBN Co, the company building Australia's broadband network. The solution uses the NBN Co's business satellite service.

Australian telecommunications company Vocus Group has announced a major step forward in its Future State program with the appointment of Arista Networks, Ciena's Blue Planet and DGIT Systems as partners to deliver the program.

The Vocus Group has completed the final splice of the 4700km Coral Sea Cable System which provides a fibre optic link between Australia, Papua New Guinea and the Solomon Islands.

Australia's fourth largest telecommunications company, the Vocus Group, has announced that it will be simplifying its business into three independent business units.

The Vocus Group has denied media speculation that it would be organising a fresh round of equity raising, saying it refinanced its debt facility in June last year.

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.

Fibre network services provider the Vocus Group has held revenue more or less steady for the half-year 2019, with the company pulling in $974.2 million, a rise of 1% over the $967.3 million reported for the half-year 2018.

The Australia Singapore Cable is now fully operational and is the first carrier-owned cable system that will be a boon to both users and businesses in Australia, the Vocus Group announced on Friday.

The Australia Singapore Cable has been switched on for use ahead of its scheduled 14 September service date, following a major disruption on the Sea-Me-We3 submarine cable between Perth and Singapore.

Telecommunications provider Vocus Group will build a new fibre-optic cable link between Darwin and the Tiwi Islands in collaboration with the Northern Territory Government.

The US$170 million Australia Singapore Cable has now been connected to the terrestrial network of Australia's fourth largest telecommunications company, Vocus Communications.

Telecommunications provider Vocus Group has seen a 16% drop in profit for the financial year 2018, with the company recording $127.1 million compared to $152.3 million for the previous financial year.

The cable-laying phase of the Australia Singapore Cable system is over, with the final splice having been completed south-east of Singapore.