OPTUS
Telecom stocks in Australia, NZ slide after SpaceX spectrum deal
Following SpaceX's acquisition of spectrum, Telstra, TPG Telecom, and Spark New Zealand faced substantial stock drops, raising investor alarms over competitive pressure from satellite mobile services. Analysts point to Telstra's dependency on its coverage strengths amidst shifting regional pricing dynamics, although immediate subscriber impacts appear minimal. Future implications for Australia’s mobile landscape will demand careful observation as these changes unfold.
OpenAI data breach latest in long list of hacks in Australia
Australia said on Thursday an OpenAI agent breached a government health data portal in June, gaining unauthorised access to files, in what could be the first known instance of an AI agent hacking a government website.
Global Market: Singtel Q1 profit beats estimates on strong Optus, regional contributions
Singtel reported a better-than-expected Q1 FY27 underlying net profit, driven by Optus, regional associates including Bharti Airtel and AIS, and growth in digital and data centre businesses. However, its Singapore telecom operations remained under pressure from intense competition.
Optus network goes down fourth time in months - When will it be back, cause of outage and services impacted
Optus faces renewed scrutiny after its fourth network outage this month, impacting thousands in Victoria. Vandalism, with thieves stealing copper and severing fibre cables, is blamed for the disruption. While most network services are restored, the incident reignites concerns over emergency call access and prompts calls for a licence review.
Optus outage knocks out service for over 14,000 customers; Calls to emergency services also impacted
Another major Optus outage has disrupted service for over 14,000 customers, impacting mobile calls and internet. The incident, attributed to vandalism and the theft of copper, also affected access to emergency services. This follows a previous outage linked to a firewall upgrade that prevented Triple Zero calls from reaching emergency responders.
Google to pay $36 million fine for anticompetitive deals with Australia's largest telcos
Google has agreed to pay a AU$55 million fine for anti-competitive deals with Telstra and Optus that restricted rival search engines on Android phones. The ACCC said the deals reduced consumer choice. Google will also remove certain contractual restrictions, as AI tools increase competition in the search market.
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Australian regulator sues Google over anti-competitive Search deals
The Australian Competition and Consumer Commission (ACCC) said Google Asia Pacific reached "understandings" with Telstra and Optus between December 2019 and March 2021 to pre-install only Google Search on Android phones they sold.
Accenture acquires Australian cybersecurity firm CyberCX in its largest cyber deal
Accenture has announced plans to acquire Australian cybersecurity firm CyberCX in its largest deal in the sector, aiming to strengthen its presence in the Asia-Pacific region. The financial terms of the acquisition were not disclosed.
SingTel posts 9% annual profit rise, unveils $1.5 billion buyback plan
Singapore Telecommunications, Southeast Asia's largest telecom firm, saw a 9% profit increase. This was driven by Optus and Airtel's strong performance. A S$2 billion share buyback is planned over three years. Underlying net profit reached S$2.47 billion. The company surpassed half of its S$6 billion mid-term asset recycling target and raised the goal to S$9 billion.
Ind vs Aus live streaming: When and where to watch the first Test of Border-Gavaskar Trophy
India and Australia will play a five-match Test series for the Border-Gavaskar Trophy. The series starts on November 22 at Perth's Optus Stadium. India have won the last four series. Australia last won the trophy in 2014-15. Both teams are ranked among the top two in the World Test Championship. India needs four wins to qualify for the WTC final.
SingTel's profit rises on exceptional gain from stake reduction in India's Airtel
Singapore Telecommunications reported a rise in first-quarter earnings, primarily due to gains from reducing its stake in Bharti Airtel and selling Globe Telecom's assets. Net profit increased by 42.9% to S$690 million. Growth was also supported by improvements in core markets, particularly in Singapore and Australia, despite facing currency headwinds.
Telecom major Singtel confirms no intention to divest Australian telco Optus
Singtel, majority-owned by Singapore sovereign investor Temasek, in March denied an AFR report that it was offloading Optus to Canada's Brookfield for up to $12 billion.
Singtel shares fall more than 1% after Optus stake sale reports
Shares of Singtel were last down 0.8%, after sliding as much as 1.6% earlier in the session. The shares rose nearly 4% on Wednesday.
SpaceX launches first set of satellites with direct-to-cell capabilities
Wireless providers across the world, including Japan's KDDI, Australia's Optus, New Zealand's One NZ, Canada's Rogers will collaborate with SpaceX to launch direct-to-cell technology.
Australian telco Optus tells lawmakers it had no plan to address total outage
The Singapore Telecommunications-owned company had recently war-gamed scenarios in which the routers that direct voice and internet data failed in entire states, but it never expected a nationwide shutdown because it had alternate connections built into its network.
Optus parent Singtel says safety systems, not routine upgrade, caused outage
More than 10 million Australians were hit by the network blackout at the Singapore Telecommunications-owned (SingTel) telecom firm on November 8, frustrating customers and raising wider concerns about its telecommunication infrastructure.
Australia to investigate Optus outage as customers seek compensation
More than 10 million Australians, 40% of the population, were hit by the 12-hour network blackout at the nation's No. 2 telco firm for much of Wednesday, triggering fury and frustration among customers and raising concerns about the country's telecommunications infrastructure.
Chaos in Australia as internet service provider Optus blacks out
For millions of Australians who could not pay for goods, book rides, get medical care or even make phone calls, a nine-hour near-total service blackout from the company that provides 40% of the country's internet became a lesson in the risks of a society that has moved almost entirely online.
Australian health insurer Medibank says data of all customers hacked
Medibank said its priority was to discover the specific data stolen in relation to each customer and to share that information with those customers. The company had previously said the breach was thought to be limited to its subsidiary arm and foreign students.
Major data breach at Australia's top health insurer Medibank
The company did not say how many of its 4 million customers were likely to have been affected but warned the number was likely to rise. The Australian Federal Police said they had opened an investigation into the breach, without commenting further.
Singtel's second unit faces cyber attack weeks after Optus data breach
The breach at Optus, Australia's second-largest mobile operator, late last month compromised data of up to 10 million customers, triggering an overhaul of consumer privacy rules to facilitate targeted data sharing between telecommunication firms and banks.
Optus hack: Australia updates telecom law to protect data
The changes to Telecommunications Regulations allow Optus and other providers to better coordinate with financial institutions and governments to detect and mitigate the risk of cybersecurity incidents, fraud, scams and other malicious cyber activities, Treasurer Jim Chalmers and Communications Minister Michelle Rowland said in a joint statement.
Cyberattack on Australian telco Optus affects 1.2 million customers
The breach last month by an anonymous online account, which affected 10 million customers, equivalent to around 40% of Australia's population, attracted harsh criticism from the government.
Australian government slams Optus for cybersecurity breach
The company ran a full-page apology in major Australian newspapers on Saturday for the "devastating" breach that it first reported on Sept. 22. An unidentified person later posted online that they had released personal details of 10,000 Optus customers and would keep doing so daily until they received $1 million.
Austalia's Optus says 'deeply sorry' for cyberattack
The company has agreed to pay the cost of replacing passports of compromised customers, Prime Minister Anthony Albanese said on Friday.
Optus, Australian govt clash over cyber attack amid reports of hacker retreat
Australian media reported on Tuesday that hackers have backtracked from their ransom demand of $1 million in cryptocurrency for not releasing sensitive data. Stolen data posted in an online forum has been deleted and hackers have apologised to Optus, the reports said. Reuters could not immediately verify the accuracy of the reports. The Australian Federal Police has been working closely with overseas law enforcement agencies, including the FBI, to find the perpetrators, authorities said.
Australia mulls tougher cybersecurity laws after data breach
Cybersecurity Minister Clare O'Neil told Australian Broadcasting Corp. the hack was an "unprecedented theft of consumer information in Australian history."
SingTel, Bharti, Globe, Optus to bring iPhone to parts of the region
Singapore Telecommunications Ltd., Bharti Airtel Ltd., Globe Telecom Inc. and SingTel subsidiary Optus- said on Monday they have signed an agreement with Apple Inc. to offer the iPhone in their respective markets later this year.
Australia scraps $ 871 million broadband contract
Australia's government has cancelled a multi-million dollar deal with telco Optus and rural finance business Elders to build a broadband Internet network across the vast nation, the partners said on Wednesday.
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