Telecommunications
TPG CTO Giovanni Chiarelli suggested Starlink should get concessional access to key licences for satellite-based mobile services, shifting from a call for a competitive process.
The three infrastructure asset managers have been actively buying Australian telco infrastructure in recent years with superannuation funds also in close orbit.
The telco has just witnessed a two-day price swing seldom seen by an ASX 200 company. All shareholders say they can do is hold and hope.
The ASX-listed telcos argue satellite mobile frequency licences should be allocated in a competitive manner to avoid consumers being locked in with a dominant provider.
Telstra shares gained 3.6% to touch their highest levels in more than 5 years after a ‘solid’ half-year result allowed it to hike its dividend.
Anika Wells has met with representatives from Australia’s largest telco but seems unmoved by their concerns.
Telecommunications companies are on high alert about unexpectedly high costs being proposed for spectrum. They're warning Jim Chalmers that productivity gains and cost of living pressures are on the line.