Tag: Telecommunication Services
7 months ago
wsj.com

CEO of Singtel’s Optus Resigns Following Australian Network Outage

Singtel said Optus would conduct a global search for a permanent CEO

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7 months ago
wsj.com

Singtel’s Optus Sees No Precedent for Large-Scale Outage Compensation

Millions of customers including hospitals and government departments had lost services for several hours, with many s...

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7 months ago
wsj.com

TPG Halts Talks With Vocus Over $4.01 Billion Asset Sale Amid Rival Interest

TPG said it remained committed to exploring options to deliver shareholder value

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7 months ago
wsj.com

Netflix, Warner’s Max Team Up With Verizon to Offer Discounted Streaming Bundle

Verizon will offer ad tiers of both services for about $10 a month combined, instead of $17

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7 months ago
wsj.com

SoftBank Can’t Shake the Ghosts of Tech Booms Past

A new boom in AI could be a tailwind. But the company may struggle to fully take advantage—unless it can repair reput...

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7 months ago
wsj.com

Australian Mobile Network Optus Hit by Large-Scale Outage

Optus said engineers were investigating a network fault, but didn’t disclose the cause

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10 months ago
wsj.com

Telstra Lifts Annual Earnings 8.3% as Mobile Revenue Soars

The company expects underlying Ebitda of A$8.2 billion—A$8.4 billion in FY24

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10 months ago
wsj.com

The AI Frenzy Resurrects the Old SoftBank

Chip maker Nvidia broke into the exclusive club of companies that have a $1 trillion market cap. WSJ’s Asa Fitch brea...

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11 months ago
wsj.com

TPG Telecom in Talks With Vocus Over $4.23 Billion Fixed Assets Sale

TPG Telecom is in talks over the potential sale of nonmobile fiber assets, including its wholesale residential fixed-...

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11 months ago
wsj.com

Comcast Loses Broadband Customers, Benefits from ‘Super Mario’ Success

The cable and media company is contending with a costly pivot to streaming and a sluggish ad market

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12 months ago
wsj.com

Is SoftBank an AI Stock Now?

Perhaps—but there are some clear risks for shareholders as well as opportunity

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12 months ago
wsj.com

Australia Competition Regulator Blocks TPG-Telstra Network Sharing

TPG said the Australian Competition Tribunal has declined to authorize a regional-network sharing arrangement with Te...

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about 1 year ago
wsj.com

SoftBank Turns Big Seller After Tech Rout

Japanese tech investor loses billions of dollars even after selling down Alibaba stake

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over 1 year ago
wsj.com

The SVB Tremors Will Shake SoftBank

The lender’s collapse could force a reckoning on valuations of unlisted startups—of which SoftBank is a major backer

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over 1 year ago
wsj.com

Telstra-TPG Network Sharing Blocked by Australia Competition Regulator

Telstra Corp. and TPG Telecom’s proposal to share mobile networks in parts of rural Australia was blocked by the cons...

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over 1 year ago
wsj.com

Comcast Takes $8.6 Billion Write-Down on Sky, Reports Revenue Dip

Strong growth in the company’s wireless and film businesses was offset by a slowdown at its media segment.

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almost 2 years ago
wsj.com

TPG Telecom Raises Dividend After 1H Profit More Than Doubles

UPDATED: The Australian telecommunications provider reported a first-half net profit of $115.5 million amid a rise in...

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almost 2 years ago
wsj.com

SoftBank Needs a Vision Check

CEO Masayoshi Son is sounding an apologetic note after huge losses last quarter. But investors have been here before,...

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about 2 years ago
wsj.com

Brookfield Joins HRL Morrison to Lodge Improved Uniti Proposal

HRL Morrison & Co. raised its takeover proposal for Uniti Group Ltd. after partnering with Brookfield Asset Managemen...

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over 2 years ago
wsj.com

Dubai Emerges as Tech Hub of the Arab World

Tech startups in Dubai are attracting interest from venture firms including SoftBank Group and Sequoia Capital.

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over 2 years ago
wsj.com

Nvidia Can Afford to Lose an Arm. But SoftBank Needs to Slim Down

SoftBank, which bought Arm for $32 billion in 2016, will receive a $1.25 billion break fee but will need to find anot...

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over 2 years ago
wsj.com

Telstra to Invest Up to $1.1 Billion More on Infrastructure Projects

Telstra Corp. will invest up to $1.1 billion on two projects including expanding its optical-fiber network and buildi...

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over 2 years ago
wsj.com

Paytm Flop Will Skim Froth Off India’s IPO Market

The disappointing performance of India’s largest IPO will cool sentiment a bit, but a dose of reality could make for ...

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over 2 years ago
wsj.com

SoftBank Feels the Chill Wind From China

A big buyback can’t hurt, but the stock’s fortunes now lie with forces mostly beyond management’s control.

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over 2 years ago
wsj.com

Yahoo Pulls Out of China, Ending Tumultuous Two-Decade Relationship

The company cited an increasingly challenging business and legal environment in the country, and is the second well-k...

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over 2 years ago
wsj.com

Australia Backs $1.6 Billion Buy of Pacific Mobile Networks

The Australian government is financing the purchase of mobile networks in six Pacific countries, a move that foreign-...

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over 2 years ago
wsj.com

Telstra Acquires Digicel Pacific in Partnership With Australian Government

Telstra Corp. agreed to acquire mobile networks in six Pacific nations in a $1.6 billion deal largely funded by the A...

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over 2 years ago
wsj.com

Foxtel CEO Says IPO Up to Owners of Australian Pay-TV Provider

Foxtel’s future ownership is a matter for co-owners News Corp. and Telstra Corp. Ltd., Chief Executive Patrick Delane...

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almost 3 years ago
wsj.com

China Is SoftBank’s Biggest Problem Now

Chinese tech companies have been SoftBank’s bread and butter. But with the party over in Beijing, the company will no...

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almost 3 years ago
wsj.com

Australia Seeks to Block China With Stake in Pacific Mobile Networks

The Australian government plans to provide most of the financing for the acquisition of mobile networks in six Pacifi...

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almost 3 years ago
wsj.com

Telstra to Return $1.05 Billion to Shareholders on Towers Stake Sale

Telstra Corp. will return about $1.05 billion to shareholders after agreeing to sell a 49% stake in its mobile towers...

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about 3 years ago
wsj.com

WSJ News Exclusive | U.S. Senators Ask Digital-Ad Auctioneers to Name Foreign Clients Amid Nation...

A bipartisan group of lawmakers is asking questions about the inner workings of digital advertising amid worries the ...

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over 3 years ago
wsj.com

SoftBank’s Other Big E-Commerce Bet Is About to Pay Off

Japanese conglomerate SoftBank won big with its investment in China’s Alibaba. Can it do the same in Korea with anoth...

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over 3 years ago
wsj.com

SoftBank’s Vision is Clearest When Markets are Rising

The tech stock frenzy has lifted many of SoftBank’s investments, but a market reversal would hit the company hard.

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over 3 years ago
wsj.com

SoftBank Jumps on the SPAC Bandwagon

The only surprise is that it has taken the Japanese technology investor so long to tap the trendy funding channel.

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over 3 years ago
wsj.com

Roku Torments Entertainment Giants in Quest to Dominate Streaming

The maker of the leading streaming-media player has taken up brash negotiating tactics over its terms to carry servic...

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over 3 years ago
wsj.com

Roku Signs Deal to Carry HBO Max, Ending Standoff

The dispute had threatened to leave Roku customers without access to an upcoming “Wonder Woman” movie.

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over 3 years ago
wsj.com

WSJ News Exclusive | China’s ‘Uber for Trucks’ Raising $1.7 Billion Ahead of IPO Next Year

Full Truck Alliance, a Chinese startup that provides an Uber-like service for the trucking industry, is being valued ...

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over 3 years ago
wsj.com

Companies Give Up Cash Cushions to Buy Back Debt

Companies in the U.S. and Europe are buying back bonds to reduce the cash piles they built up earlier this year, sign...

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