Telstra raises digital infrastructure budget to $1.8B
Telstra Group (ASX:TLS) announced ahead of its annual general meeting that its strategic digital infrastructure investment is now projected to reach around $1.8 billion through FY28.
Telstra Group (ASX:TLS) announced ahead of its annual general meeting that its strategic digital infrastructure investment is now projected to reach around $1.8 billion through FY28.
Shares in regional telecommunications providers fell following reports that SpaceX (NASDAQ:RKT) acquired a wireless spectrum portfolio from Grain Management.
Codan (ASX:CDA) expects first-half FY27 revenue for its Communications division to reach between $400 million and $410 million.
Tuas (ASX:TUA) reported a statutory net profit after tax of S$26 million for the year ended July 31, driven by strong subscriber growth across its mobile and broadband segments.
An Australian Senate committee has recommended that the federal government consider nationalising the national emergency call system operated by Telstra (ASX:TLS).
Singtel subsidiary Optus issued an apology after a 76-minute network outage disrupted voice calling services and emergency calls.
Flexiroam (ASX:FRX) signed a two-year partnership agreement with Dragonpass to embed its eSIM connectivity across global travel loyalty programmes.
Swoop Holdings (ASX:SWP) has agreed to sell several standalone fibre assets to Superloop (ASX:SLC) for approximately $1.5 million.
Telstra (ASX:TLS) has released an independent investigation into a July 8 mobile outage that disrupted emergency Triple Zero calls.
Swoop Holdings (ASX:SWP) reported annual revenue of $115.9 million for FY26, representing a 21.8% increase.
Telecommunications infrastructure provider Chorus (ASX:CNU) reported a net profit of NZ$37 million for the 12 months ended June.
Aussie Broadband (ASX:ABB) reported 2026 full-year revenue of $1.30 billion and an underlying EBITDA of $165.3 million.
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