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    IT networks

    July

    Former TPG Telecom email customers to be slugged up to $95 annually

    Accounts with iiNet, Internode and Westnet addresses will start paying a yearly fee from September after they were transferred to a Norwegian-owned company.

    • Jenny Wiggins

    IT outage: ‘significant’ cost to Australian economy

    Australian companies and services are struggling with knock-on effects from an unprecedented global IT outage caused by a simple software update.

    • Updated
    • Savannah Meacham and Samantha Lock
    Phillip Britt is the chief executive of Aussie Broadband. He wants to capture more of the broadband market with cheaper products.

    Aussie Broadband discount offshoot Buddy chases lost customers

    Aussie Broadband is hoping to win back some of the customers lost to rival Superloop with a new, cheap internet brand, Buddy Telco.

    • Jenny Wiggins
    Liverpool Partners’ Brad Lancken.

    Liverpool Partners hires Macquarie Capital for Seisma sale

    Diligence materials on Seisma, which makes close to $25 million in earnings, are in front of a small group of offshore strategics and local sponsors.

    • Sarah Thompson, Kanika Sood and Emma Rapaport

    June

    ‘Private AI’ surge powers Equinix’s $240m data centre expansion

    The surge in AI use adds to existing drivers for data centre demand, including cloud computing and increasing consumption of streaming services and social media.

    • Nick Lenaghan
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    Business pay rises slow down.

    Businesses hit the brakes on large pay rises

    The pandemic era of inflated salary increases appears to be over as the economy slows and skills shortages ease. 

    • Euan Black

    May

    The 2022 cyberattack on Optus brought significant scrutiny to bear on the company’s management of personal data.

    Optus loses appeal to keep Deloitte report on cyberattack secret

    The decision means information in a report commissioned by Optus into the causes of its 2022 cyberattack will be given to a class action law firm.

    • Jenny Wiggins
    Downer EDI chief executive Peter Tompkins.

    More jobs go at Downer EDI in efficiency drive

    Dozens of employees have lost their jobs in a new wave of cost-cutting including senior executives and people in the engineering group’s IT operations.

    • Jenny Wiggins
    Google CEO Sundar Pichai said the company was now “pushing the boundaries” of how much personal or business information it was able to pass on to Gemini for every query.

    Google steals OpenAI’s thunder with something 15 times bigger

    The new version of Gemini can write poems about objects it’s seen, or even tell the user where it last saw her glasses.

    • John Davidson

    April

    Optus has struck a $1.6 billion deal with rival TPG Telecom.

    Optus parent writes off billions and strikes $1.6b deal with TPG

    Singtel has had to write off billions of dollars on Optus, offset partly by the beleaguered telco striking a $1.6 billion deal with Australian rival TPG.

    • Updated
    • Jenny Wiggins
    Riverside managing partner Simon Feiglin helped grow Energy Exemplar from a small Australian firm to a global power market leader.

    The Riverside Company seeks to acquire Wollongong-based IT business

    The mooted sale comes after Virtual IT fielded interest from a bunch of private capital players in 2023.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Superloop CEO Paul Tyler will be among witnesses called by Aussie Broadband in a trial.

    Aussie Broadband to call Barrenjoey, Luminis in Superloop court battle

    Investment bankers and Superloop directors and executives will be subpoenaed as witnesses in a Federal Court trial as Aussie Broadband continues to fight its rival over a forced share sale.

    • Jenny Wiggins
    K Krithivasan: “We are in a situation where the technology should be able to predict a call coming and then proactively address the customer’s pain point.”

    AI could kill call centres, says boss of Tata IT business

    Chief executive K Krithivasan says chatbots would soon be able to analyse a customer’s transaction history and do much of the work done by call centre agents.

    • Benjamin Parkin and Chris Kay
    The email addresses used by IiNet account holders are now utlimately managed by a Norwegian company.

    TPG, iiNet email accounts bounce to Philippines, Norway

    Users of TPG Telecom and iiNet email have to deal with a call centre and a parent company in the northern hemisphere after their accounts were handed over to The Messaging Company.

    • Jenny Wiggins
    AI is fuelling demand for cloud computing and data centres.

    NextDC feeds the ducks while they’re hungry

    The data centre owner has played the capital markets game superbly to be on the cusp of the top-50 stocks. To stay there, it has to deliver.

    • Anthony Macdonald
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    March

    Aussie Broadband has taken Superloop to court over an order to sell down its near 20 per cent stake in Superloop.

    Aussie Broadband wants Superloop emails, WhatsApp messages

    Aussie Broadband plans to serve a notice on Superloop directors in the next day or two, its legal counsel said in court.

    • Jenny Wiggins
    Aussie Broadband managing director Phillip Britt is taking Superloop to court.

    Aussie Broadband alleges Superloop sell order ‘oppressive’

    Aussie Broadband has taken rival internet broadband provider Superloop to court, claiming an order by the smaller company to slash its stake could cost it $3.7 million.

    • Jenny Wiggins
    Superloop and Aussie Broadband compete aggressively for customers in the internet broadband market.

    Superloop tells Aussie Broadband to slash stake below 12pc

    Aussie Broadband failed to comply with Singaporean regulations on share purchases when it bought a near 20 per cent stake in rival Superloop in February.

    • Jenny Wiggins

    February

    Superloop rejects Aussie Broadband’s $466m takeover bid

    Superloop investors have backed the broadband internet group’s decision to turn down a $466 million approach from rival upstart telco Aussie Broadband.

    • Updated
    • Jenny Wiggins
    TPG Telecom CEO Inaki Berroeta.

    TPG Telecom annual profits shrink despite surge in mobile customers

    TPG Telecom boss Iñaki Berroeta says consumers are still willing to pay for mobile phone services despite rising prices.

    • Jenny Wiggins