Telstra has taken a hit to its bottom line for the second year running, according to full-year 2018 results released today, revealing net profits fell by 8.9% to $3.5 billion despite a 3% increase in revenues to $29 billion.
Telecommunications and data centre provider Macquarie Telecom has signed a three-year, $1 million-plus deal to deploy its business class NBN service to Regional Australia Bank.
The telecommunications industry regulator, the Australian Communications and Media Authority, wants to change the rules governing the industry to allow it to issue infringement notices for contraventions of the Service Migration Determination regulating consumer moves to the national broadband network.
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