Displaying items by tag: MyRepublic

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."

Telco provider Superloop has claimed strong financial performance ended 30 June 2023 as its underlying Ebitda from continuing operations improved by 82.2% from $20.5 million to $37.4 million, exceeding guidance of $33 million to $36 million.

Telco provider Superloop is planning to acquire ASX-listed UCaaS and collaboration services provider Symbio, proposing to buy the software vendor's shares at $2.85 per share. With 85,258,885 shares, that comes at a total of $243 million rounded up.

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.

Telco 2degrees has acquired MyRepublic broadband’s customer base as the Singaporean MVNO exits the New Zealand market.

Technology business spin-out  MyRepublic says it has  implemented Boomi’s AtomSphere platform  to achieve higher levels of efficiency, performance, and ultimately a better experience for customers.

New Zealand’s competition regulator The Commerce Commission says its latest Measuring Broadband New Zealand (MBNZ) report, taken from testing in May 2022, throws the spotlight on broadband performance for gamers and users of other high-bandwidth services.

Rural and regional telecommunications carrier Field Solutions Holdings has reported record results for the 2021 financial year.

Nicholas Demos has left the building. After five years managing the affairs of MyRepublic in Australia and New Zealand, he has taken his leave, but certainly not on a gloomy note.

MyRepublic chief Nicholas Demos has stepped down from his post, with the long-serving head of the small ISP that operates in Australia, New Zealand, Indonesia and Singapore to finish up this week.

The Australian Competition and Consumer Commission says fixed-line NBN broadband services have held up well in May and June despite the increased demand.

Internet provider MyRepublic has been penalised by New Zealand’s competition authority The Commerce Commission for breaching its statutory obligations under the Telecommunications Development Levy.

The NBN Co miscalculated when it decided not to supply a modem to each resident on fibre-to-the-node and fibre-to-the-building connections, the head of a small retail service provider says, adding that this could have helped the company diagnose connection issues remotely.

New Zealand’s competition regulator, The Commerce Commission, has issued Internet provider MyRepublic with a formal warning after it failed to meet its statutory obligations to provide information needed by the Commission to allocate the Telecommunications Development Levy.

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.

Small ISP MyRepublic has announced a new push to sell 100Mbps plans, with a discounted plan of $79.95, a drop of $10 from existing prices, for an unspecified limited period.

Global hyper-scale cloud provider OVH has formed a partnership with Asia Pacific telecom operator MyRepublic to offer the telco’s gamer customers access to OVH’s dedicated servers at exclusive rates.

Fixed-line NBN customers are benefitting from competition among Internet service providers to perform well in the ACCC's speed tests, though some consumers continue to get much lower speeds than others on the same plan.

New Zealand’s competition enforcement agency, The Commerce Commission, has added two more telcos — Voyager and MyRepublic — to the list of companies liable to contribute to the country’s $50 million Telecommunications Development Levy.

The advent of 5G networks will not provide any kind of salvation for telecommunications providers who are desperate for some way of fighting back against the unreasonably high prices charged by NBN Co, a report from the credit ratings agency S&P Global Ratings says.