Peter Cai

Telecoms

Mobile headwinds shake Optus profits

Optus logo.

Peter Cai Profits at Optus, Australia's second-largest mobile carrier, fell 7.5 per cent to $728 million in the latest year after declining mobile income.

Telecoms

Mobile headwinds shake Optus profits

Optus CEO Kevin Russell
Photo MIchele MOssop
MOn 21st Jan 2013

Peter Cai Profits at Optus fell 7.5 per cent to $728 million in the latest year after declining mobile income.

Telcos

Optus growth slows

Optus

Peter Cai Australia's second-largest mobile carrier, Optus, has seen its profit drop 3.6 per cent in the first three months of this year due to declining income from mobile users.

Investment

Australia keeps its global appeal

RBA.

Peter Cai Australian government bonds still remain attractive to international investors despite recent Reserve Bank interest cuts, according to the international fund giant, Fidelity Worldwide Investment.

Telcos

Sky-high share price means it's time to sell: analysts

Telstra logo.

Peter Cai Telstra shares are trading at their highest levels in about eight years - hitting $5.10 on Friday.

Telecommunications

Spectrum sale to telcos falls short by $1b

Stephen Conroy

Peter Cai Mobile carriers have shunned a long-awaited auction for new radio frequency spectrum.

Analysis

Telcos do battle over data

Mobile banking.

Peter Cai Communications Minister Stephen Conroy described the invisible asset as 'waterfront property'.

Telcos

Carriers pay $2 billion for spectrum

Telstra life store sign

Peter Cai Telstra, Optus and TPG have collectively paid about $2 billion to the federal government for radiofrequency spectrum that is essential to the future of mobile broadband.

Telecoms

Optus: mobile in consolidation phase

Optus

Peter Cai Tough mobile market conditions has prompted Optus to change direction on its growth strategy.

Telecos

Vodafone to 'stay in red'

Vodafone shop.

Peter Cai One of Vodafone Australia's co-owners has warned that the No.3 mobile carrier is likely to post further losses.

Mobiles

Hutchison chairman sees further Vodafone losses

Vodafone expects the employment targets to be achieved over the 2013-14 financial year.

Peter Cai Hutchison Telecom says it expects further losses from troubled mobile carrier Vodafone Australia..

Telcos

4G customers flocking to sign up with Telstra

11 October 2011 NEWS Canberra Times photograph by GRAHAM TIDY Story by Lauren Hayward. The launch of Telstra's 4G network at their Canberra Centre store.

Peter Cai Telco adds 600,000 new 4G customers since announcing half-yearly profit in February.

Comments 7

Telcos

Vodafone close to $3b loan breach

Business

Lucy Battersby, Peter Cai Telco's talks with its bankers continue as latest accounts show loss of $899 million for last year.

Mobiles

Telstra cements 4G supremacy

Telstra 4G.

Peter Cai Telstra has added 600,000 new 4G customers since it announced its half-yearly profits in early February, further cementing its position as the leading player in the crucial 4G market.

Telecoms

Telstra shares near $5 mark

The Telstra Corp. logo.

Peter Cai Telstra shares finished within a breadth of breaking the $5 barrier, the highest level in almost eight years.

Telecoms

Telstra sets new standards

Telstra customer.

Peter Cai Telstra will pay its retailers not only sales commissions but also for their customer service performance.

Telecoms

Telstra tops $5 in yield chase

The Telstra Corp. logo.

Peter Cai Telstra shares have jumped above $5 as investors continue their chase of high-yielding stocks.

Chinese in running for Optus 4G deal

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Adele Ferguson, Peter Cai Chinese telecommunications company Huawei is likely to emerge with all or part of a $2-plus billion contract to build an ultra-fast mobile network for Optus.

'It's the biggest company that no one has heard of'

A general view shows the headquarters of Huawei Technologies Co. Ltd.

Adele Ferguson and Peter Cai Having operated behind the scenes for so long, Huawei is now using Australia to strengthen its image.

Investment

Singapore Inc's roving eye targets local assets

A Temasek Holdings Pty Ltd employee.

Peter Cai Singapore Inc is snapping up shares in strategic industries, from aviation to telecommunications.