Displaying items by tag: Exetel

Telco provider Superloop has turned down the $466 million conditional offer of Aussie Broadband to buy 19.9% of its shares, describing the proposal as "opportunistic and undervalued."

Australian internet provider Launtel has emerged as the best performing telco with customers receiving 103.8% of their NBN plan’s maximum speeds during peak hours between 7pm and 11pm, the ACCC’s 23rd Measuring Broadband Australia report found.

Eight telcos have breached the Telecommunications Consumer Protections Code after they failed to provide a warning to help customers avoid service restrictions, suspensions, or disconnections, the Australian Communications and Media Authority found.

Broadband retailers continue to deliver close to plan speeds, according to the ACCC.

Australia's second biggest telco Singtel Optus dropped its daily digital advertising spend from US$55,000 (A$88.1 million) on 21 September to less than US$5000 on 22 September, the day it announced a massive data breach, a data analytics company says.

More than 8.5 million residential broadband services are now on the NBN, and over 75% of them are on high speed services of at least 50 Mbps, the ACCC’s latest NBN Wholesale Market Indicators Report reveals.

At 30% premium to carrying value, the sale accelerates monetisation of Superloop’s Asia Pacific assets, provides flexibility for Superloop to continue investing in growth.

Network operator Superloop has announced the retirement of founder and chair Bevan Slattery from its board. Peter O'Connell has been appointed to the board as non-executive chair.

Fixed-line NBN broadband services reached a new performance high in February 2021, the ACCC’s thirteenth quarterly Measuring Broadband Australia report reveals.

Internet service provider Exetel has been fined $12,600 by the Australian Communications and Media Authority for failing to lodge complaints reports on time.

Underperforming broadband services are still a problem for some consumers, with a newly publish report revealing that 12.4% of consumers continue to experience underperforming services that “rarely come close to reaching their maximum plan speed”.

Eleven telcos have been warned by the communications regulator, the Australian Communications and Media Authority, for failing to tell potential new customers that they do not provide priority assistance services, or failing to name a telco that does.

Most NBN users experience less than one outage of 30 seconds or more a day, but Optus customers on average had to suffer through more than 1.5 outages each day, according to the Australian Competition and Consumer Commission's fifth report on NBN speeds.

Internet service provider Exetel has signed a deal with Telstra Wholesale worth $40 million over two years, to supply Telstra Ethernet Access to its business customers.

The Internet service provider Exetel has taken the top rank in Netflix's October ratings for Australian ISPs, a measure of the fastest broadband throughput that is issued for all countries where the streaming service operates.

Although Exetel is the first Optus Wholesale customer to offer the "Home Wireless Broadband" router, the company clearly expects more of its MVNOs to offer such a service.

The National Broadband Network has achieved end-users average download speeds of 84/33Mbps with a pilot of its HFC network, drawing recognition from analyst firm Ovum that the upload speeds are among the fastest delivered over commercial HFC networks globally.

Telecommunications company Exetel has agreed to compensate consumers affected by changes made to its fixed term residential broadband plans following an investigation by the Australian Competition and Consumer Commission.

Optus has sealed a two-year deal to provide NBN wholesale aggregation services exclusively to Internet Service Provider Exetel.

ISP Exetel has marked its tenth anniversary with a new-look corporate image and a new range of NBN plans.