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.
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.
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.
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.
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."
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