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News Archive - February 2007
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28th February, 2007 Hutchinson Telecommunications has once again left investors wondering if the red ink will ever stop flowing from the mobile-phone operator.
Source: The Age - Jesse Hogan
28th February, 2007 A 90.4 per cent rise in 3 Mobile's customer base was not enough to stop Hutchison Telecoms posting a loss of more than $750 million for 2006.
Source: Australian IT - Chris Jenkins and Michael Sainsbury
27th February, 2007 Network coverage on Telstra's billion-dollar Next G network is giving customers and dealers in the bush headaches and black spots.
Source: SMH - Matt O'Sullivan
26th February, 2007 Telstra's directories business, Sensis, has disputed suggestions it will need major acquisitions to reach aggressive revenue forecasts.
Source: ABC Online
26th February, 2007 The coal miners' union CFMEU is backing Labor's $1.5 billion clean coal initiative as an important step in making coal companies contribute to greenhouse solutions.
Source: Australian IT - Michael Sainsbury
26th February, 2007 Optus will dump its Optus World retail brand and spend $30 million overhauling its shops, as fierce competition rocks the $33 billion telecoms sector.
Source: ACTU
23rd February, 2007 New ABS data on Average Weekly Earnings reveals that Australian working families are suffering under the new IR laws.
Source: SMH
22nd February, 2007 Telstra is trying to woo shareholders and customers to join its fight as the telco battles with the competition watchdog.
Source: SMH - Matt O'Sullivan
22nd February, 2007 A consortium of telecoms led by Optus is spruiking plans for a $3.6 billion fibre-optic network.
Source: The Australian
21st February, 2007 Many people with asbestosis will applaud the resignation of James Hardie chairwoman Meredith Hellicar, says victim advocate Bernie Banton.
Source: The Australian - Glenda Korporaal
19th February, 2007 Earnings from Telstra's Hong Kong mobile phone business CSL New World Mobility have been hit by aggressive handset subsidies.
Source: ABC Online
19th February, 2007 The first real test of the Federal Government's new industrial laws will come to a head this week when a Perth man faces court.
Source: SMH - Matt O'Sullivan
16th February, 2007 Telstra's profit slumped by 20 per cent in the first half to $1.7 billion because of high spending on its restructuring program.
Source: The Age - Jesse Hogan
16th February, 2007 Telstra's pre-tax earnings fell 15.7 per cent to $2.94 billion for the six months to December 31, an improvement on its forecast decline of between 17 and 20 per cent.
Source: ABC Online
16th February, 2007 A Senate estimates committee has heard that Telstra could face fines of more than $1 billion as a result of a competition notice issued by the ACCC.
Source: SMH
16th February, 2007 Telstra has all but ruled itself out of the running to carry Apple's new iPhone mobile when it is released here next year.
Source: The Age - Garry Barker
15th February, 2007 Australia got top billing at the 3GSM conference in Barcelona yesterday when Sol Trujillo appeared in a seven-minute video spot on the big screen during the keynote speech.
Source: The Age - Scott Rochfort
15th February, 2007 Leighton Holdings boss Wal King has praised the Federal Government's industrial relations laws.
Source: The Age - Garry Barker
14th February, 2007 3G's maximum network downlink speeds are to be raised to 14.4 Mbps making it not only geographically the biggest 3G network in the world, but also the fastest according to Sol Trujillo.
Source: ABC Online - Alison Caldwell
14th February, 2007 New analysis has found that 27,000 workers are losing award coverage every month under the new industrial relations (IR) laws, and that women's pay has fallen by 2 per cent.
Source: SMH - Matt O'Sullivan
14th February, 2007 Telstra's constitutional challenge against the competition regulator has striking parallels to a case Sol Trujillo pursued 10 years ago as boss of a regional US phone company.
Source: ACTU
9th February, 2007 ACTU Secretary Greg Combet has expressed great pride in the role of unions in achieving justice for the victims of asbestos.
Source: The Australian
9th February, 2007 Sol Trujillo threw down the gauntlet in his battle with the regulator yesterday with an ambitious $1 million High Court challenge in Canberra.
Source: SMH - Matt O'Sullivan
9th February, 2007 Telstra is giving shareholders a starter kit for its campaign against regulation in the lead-up to the federal election.
Source: The Age - Jesse Hogan
9th February, 2007 Optus CEO believes the telco has "earned the right to ask for the confidence of the market" after its latest quarterly results.
Source: The Australian - Nick Ralston and Emma Ambler
8th February, 2007 The long-running battle between asbestos disease victims and James Hardie is over.
Source: SMH - Matt O'Sullivan
8th February, 2007 Telecom NZ is understood to have approached Amcom Telecommunications with a friendly takeover offer of up to $80 million.
Source: The Age
8th February, 2007 Telstra begins a constitutional challenge in the High Court today against the price-setting powers of the competition watchdog.
Source: The Australian - Michael Sainsbury
7th February, 2007 Telstra has lost its high-profile chief technology officer Fiona Balfour only 10 months.
Source: SMH - Beth Quinlivan
7th February, 2007 Shareholders who have lost money are fighting back through the courts.
Source: SMH - Matt O'Sullivan
7th February, 2007 A $300 million class action brought by Telstra shareholders against the company will go to trial in late November.
Source: The Age - Stuart Washington and Matt O'Sullivan
7th February, 2007 Optus has offered to spend $170 million to build third-generation mobile phone services in some of Australia's remotest areas.
Source: Herald Sun - Fleur Leyden
6th February, 2007 Telstra boss Sol Trujillo is expected to unveil strong 3G subscriber growth in first-half results next week.
Source: The Australian - Michael Sainsbury and Richard Kerbaj
6th February, 2007 Sol Trujillo has confirmed that Telstra is planning to close the CDMA network, which services regional Australia, by next January.
Source: The Age - Jesse Hogan
1st February, 2007 Telecom NZ is convinced a $357 million takeover of PowerTel will turn around its ailing Australian subsidiary AAPT.
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