TLS

NBN-Telstra Tie-Up Looms


NBN Co and Telstra (ASX:TLS) may finally ink their massive agreement next week. The final deal worth $11 billion to Telstra could be completed "in about a week," according to NBN chief Harrison Young. A Telstra spokesperson declined any confirmation, however.

The imminent agreement boosted Telstra shares by nearly 2 percent, adding 6 cents and closing at $3.08. It is the telco's highest share jump in almost 10 months.

Conroy to Direct ACCC on Telstra


Communications Minister Stephen Conroy will likely advise the Australian Competition and Consumer Commission (ACCC) with the goal to further the deal between Telstra (ASX:TLS) and the government over the National Broadband Network (NBN).

The government’s hope to net an $11 billion deal with Telstra hinges on the competition watchdog's decision. Conroy will give the ACCC direction on ruling whether Telstra's copper network is accessible to rivals during the 10-year transfer to NBN.

Developers Bemoan Telstra NBN Costs


Developers have complained of the unexpected costs in getting fibre-ready for Telstra (ASX:TLS) and NBN Co's venture in greenfield estates.

In a parliamentary inquiry, several members of the the Housing Industry Association said that Tesltra asked them to pay from $900 to $1000 for installing pit and pipes. These were previously provided free of charge under the universal service obligation.

Telstra to Soften Mobile Bill Shock by Throttling


By the end of 2011, Telstra (ASX:TLS) will cut down connection speeds for customers' mobile phones once they hit their monthly allowance. Chief financial officer John Stanhope says that the move was a plan to curb "bill shock."

Telstra Closing In On $9B NBN Deal


Signing of the $9 billion agreement between telecommunications company Telstra (ASX:TLS) and NBN Co could be finalised next week and the cabinet could examine the documents by mid-year.

Under the deal, Telstra will be compensated for retiring its fixed line copper network and moving its infrastructure to NBN for rolling out fibre optic cables.

Telstra Upgrades Network with $600 Million


Telstra (ASX:TLS) unveils a $600 million upgrade to take a bite out of the nation's growing small business sector. The move will allow the company to offer a range of digital communication tools, and relinquish its status as the monopoly wholesale broadband provider.

Telstra will upgrade 1600 of its telephony exchanges over five years, enabling the company to provide high quality voice, fax, internet services and Eftpos with a single broadband connection.

Telstra Provides a Hefty Cash Increase for AFL Broadcast Deal


Telstra (ASX:TLS) increased its contribution to the 2012-17 AFL broadcast rights contract, confident that the deal will spark pay-TV and broadband customer growth. The company, which owns 50 percent of Foxtel, provided a $369 million cash increase for the new agreement.

Telstra Break-up Deadline Extension


Telco giant Telstra (ASX:TLS) struggles through its $11 billion deal move to the National Broadband Network. Telco received a 90-day deadline extension to forward a plan to break up its retail and wholesale departments.

The Australian reported that Telstra now needed to submit the separation details to the Australian Competition & Consumer Commission within 90 days or before April 1. The deadline extension was granted until June 30, however, by Communications Minister Stephen Conroy.

NBN Created by Telstra for Government Bid


A high-speed fibre-to-the-node (FTTN) broadband government plan would have pushed through if not due to Telstra's (ASX:TLS) obstruction, as revealed by Senator Stephen Conroy, Broadband, Communications and Digital Economy minister. To protect itself from competition while maintaining government support, Telstra would have received a $15-$20 billion compensation, while leaving the telecommunications company free to build a competing network, according to the senator.

Weak Weekly Gaining Stocks on ASX 100


Weak Weekly Gaining Stocks on the ASX 100 companies this week. These stocks decreased their share price by the largest percentage on the Australian sharemarket, the Australian Securities Exchange (ASX) from the previous week of trading (52nd week: 29th December to 31st December 2010). Other lists of Australian companies by market capitalisation.

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