Vendors
Australia's fourth biggest telecommunications company Vocus has received a $2.2 billion takeover offer from private US equity firm Kohlberg Kravis Roberts.
Vocus downgrades earnings forecast by $100m, shares dive
Written by Sam Varghese
Australia's fourth biggest telecommunications company Vocus has issued a second profit warning in six months, downgrading its earnings forecast by almost $100 million and causing its shares to fall by close to 30%.
Kiwis show Aussies clean pair of heels in broadband
Written by Sam Varghese
Houses and small businesses in New Zealand cities had an average fixed line broadband download speed of 41Mbps in February this year, with Dunedin leading the way with an average of 196Mbps.
Superloop teams with Prysmian in ‘record’ optical cable deployment
Written by Stan Beer
Telecoms cable manufacturer Prysmian Group has claimed a world record after Australian fibre infrastructure provider Superloop deployed what is purported to be the densest and highest fibre count underwater optical cable ever made.
Sprint wins damages from Time Warner over VoIP patents
Written by Sam Varghese
US telecommunications holding company Sprint has been awarded US$139.8 million in damages from Time Warner Cable for infringing on patents for VoIP services.
The California-based telecommunications company Avaya has filed for chapter 11 bankruptcy protection, according to a report in the Wall Street Journal.
Cloud uptake rising rapidly, with IaaS spending to hit $1 billion by 2020
Written by Peter Dinham
The uptake and spending on public cloud Infrastructure-as-a-Service (IaaS) is increasing among Australia’s businesses and organisations, with market predictions that the Australian IaaS market is on track to grow by more than 60%, reaching $621 million this year and forecast to hit $1.049 billion by 2020.
Australia's second largest telecommunications provider Optus has expanded its 4G services to provide better download speeds and voice quality and also data coverage for mobile users in the national capital.
Telstra loses another top executive as CISO quits
Written by Sam Varghese
The top three IT roles at Telstra have now fallen vacant with the resignation of chief information security officer Mike Burgess today.
Vodafone has denied that it is phasing out its pre-paid phones, saying it is only following its usual practice of launching a new range of models for Christmas and what it calls the "student season".
