Published 4 days ago • loading... • Updated 3 days ago

‘Cement and extend’ dominance: Telstra spends $800m on mobile network

Summary by Australian Financial Review

Shares rose after the telecoms giant said it will return $750 million to investors and posted a higher profit for the first half of the financial year.

4 Articles

All

Left

Center

Right

Australian Financial Review

‘Cement and extend’ dominance: Telstra spends $800m on mobile network

Shares rose after the telecoms giant said it will return $750 million to investors and posted a higher profit for the first half of the financial year.

4 days ago·Sydney, Australia

Read Full Article

Mobile World Live

Court rules Telstra misled NBN customers

A federal court in Australia determined Telstra misled almost 9,000 broadband customers about their upload speeds, after the country’s competition watchdog took legal action. The Australian Competition and Consumer Commission (ACCC) accused Telstra of reducing the upload speeds of customers on its Belong National Broadband Network (NBN) plan from 40Mb/s to 20Mb/s in 2020 without informing them, while continuing to charge the same price. In a sta…

3 days ago

Read Full Article

channelnews.com.au

channelnews : Telstra To Spend $800 Million Upgrading Mobile Network

Even as Telstra recently reached an agreement with SpaceX’s Starlink to test a Satellite-to-Mobile (direct-to-handset) text messaging capability for Australian conditions, it has now committed to spending $800 million to boost mobile coverage and increase internet speeds across its network over the next four years. The money spent on its 5G network, boosting speeds and...

3 days ago

Read Full Article

ARN

Telstra invests $800M into mobile network in face of data demand

Telstra has mapped out plans to invest a further $800 million into its mobile network in the next four years as mobile data demand ramps up. The telco released its half-year FY25 results ending December 31, showing revenue up 1.5 per cent to $11.6 billion, profit lifting 7.1 per cent to $1.1 billion and earnings before tax rising 6 per cent to $4.2 billion. “These are a strong set of results, delivering a fourth consecutive year of first-half …

4 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year