Lucy Battersby

Lucy Battersby

Lucy Battersby is a business reporter focusing on corporate regulation and litigation.

Mobile call revenue at risk from 4G technology

Lucy Battersby REVENUE from mobile phone calls could be wiped out by the next wave of 4G technology because network capacity would justify free phone calls, a telecoms analyst says.

NBN Co in freeze until new government formed

Lucy Battersby THE federal government-owned NBN Co will freeze its tender process and employment program while minimising spending until a new government is formed, it announced yesterday.

Poll puts NBN, Telstra on hold

Lucy Battersby THE future of the telecommunications industry remains in limbo, with the hung parliament providing no clear future for the national broadband network or Telstra.

Telstra shares hit record low on NBN limbo

National Broadband Network

Lucy Battersby Investors send Telstra shares more than 6% lower on doubts about the future of its broadband plans. The stock also went ex-dividend.

Telecom NZ plans vote on structural separation

Lucy Battersby TELECOM NEW ZEALAND'S shareholders could vote on structural separation as early as mid-2011, executives say, as the company announces increasing cash flow for the first time in four years due to...

452 Capital in limbo as executives head for the exit

Eric Johnston and Lucy Battersby THE future of boutique fund 452 Capital remains in the air with its chief executive and remaining joint investment heads flagging their intention to step aside.

Telstra bosses take a haircut

Lucy Battersby SHORT-TERM bonuses for senior Telstra executives were slashed last year after their divisions returned poor revenue or missed customer satisfaction bonuses.

Investors hang up on Telstra to tune of $4b

Lucy Battersby Telstra's era of earning huge profits from its monopoly telephone network is officially over, with revenue from fixed-line telephones slumping for a second year in a row.

Telstra chases market share

Lucy Battersby TELSTRA is heading for a fall in profits of up to 9 per cent this year thanks to a projected squeeze in margins as it vies to win back market share from its rivals and arrest a long-term down trend...

End of the line for giant Telstra as markets stall

Telstra

Lucy Battersby TELSTRA'S era of earning huge profits from its monopoly telephone network is officially over, with revenue from fixed telephones slumping for a second year in a row and investors wiping $4 billion...

Telstra dives as full-year profit falls

Telstra telcos corporate australia

Lucy Battersby Telco's shares sink after it reports a 4.7 per cent fall in full-year net profit.

Telstra braces for weaker sales, smaller profit

Lucy Battersby TELSTRA is expected to announce weak revenue and a fall in annual profit this morning, and may outline plans to cut more running costs to reverse a long-term fall in profit margins.

Industry slams Coalition plans

computer

Lucy Battersby THE telecoms industry has savaged the Coalition's broadband policy, calling it a ''grab-bag'' of old ideas and rejecting it as a solution to long-term competition problems in the industry.

Coalition pledges cut-price internet service

Internet

Lucy Battersby The Coalition says it would provide super-fast internet to 97% of the country for $6.3b and would scrap the much costlier NBN if elected.

Get your act together, investors tell government

Lucy Battersby TRILLIONS of dollars will not be invested in infrastructure projects unless governments pledge better planning habits and improving long-term returns, according to chief executives in the money...

Vodafone Hutchison rings up some nice numbers

Lucy Battersby THE customer base of Vodafone Hutchison Australia increased to

Hutchison profits from Vodafone holding

Lucy Battersby Hutchison Telecom announces a $17.9 million profit over the past six months from its holding in Vodafone Hutchison Australia.

iiNet in trading halt ahead of talks to freeze out competitor

Lucy Battersby A PERTH-BASED telecommunications company is making a strategic play to increase its market share and stop its competitor from purchasing a mutual takeover target.

Mobile price war looms for telcos

A mobile phone.

Lucy Battersby A mobile phone price war is looming with Telstra doubling data allowances for smart phone plans before the iPhone 4 launch.

Telstra fined $18.5m over lockout

Lucy Battersby TELSTRA will cop an $18.5 million fine for breaching its licence conditions after a Federal Court judge found the company showed no remorse for mistakenly locking broadband competitors out of Telstra...