Latest Telecommunications Sector News

TPG Telecom Limited has announced an ordinary unfranked dividend of AUD 0.09 per share for the six months ending June 2025, signaling steady shareholder returns without franking credits.

Vonex Limited reported a significant reduction in net loss alongside operational improvements and a strengthened balance sheet, while advancing a major acquisition scheme with MaxoTel.

Vonex Limited shareholders will soon decide on a court-approved scheme of arrangement under which Maxo Telecommunications will acquire the remaining 30.6% of Vonex shares it does not already own, offering an 80% premium to the pre-announcement share price.

Vonex Limited shareholders are set to vote on a court-approved scheme of arrangement for Maxo Telecommunications to acquire the remaining 30.6% stake, offering a significant premium. The scheme promises a timely cash exit amid sector uncertainties.

TPG Telecom has revealed a significant cyber incident involving unauthorized access to iiNet’s order management system, potentially exposing sensitive customer data. The breach, traced to stolen employee credentials, is currently contained but raises questions about future security measures.

Tuas Limited, through its subsidiary Simba Telecom, has announced a transformative acquisition of M1 Limited’s non-ICT businesses for S$1.43 billion, accompanied by a substantial equity raising and debt financing plan.

TPG Telecom has finalised the sale of its fibre network and fixed business to Vocus Group for $5.25 billion, setting the stage for a significant capital management overhaul.

Activeport Group has rapidly expanded its Network-as-a-Service platform, securing $3.2 million in contracts within two months of launch, signaling strong market demand for flexible fibre connectivity solutions.

PentaNet Ltd reported positive operating cash flow for the June 2025 quarter and strengthened its financial position with a new $2 million equipment finance facility.

Hutchison Telecommunications (Australia) Limited has been suspended from ASX trading following compulsory acquisition notices issued by its Amsterdam-based parent company.

PPK Group’s majority-owned PowerPlus Energy launches two Clean Energy Council-approved batteries eligible for the Australian Government’s new Cheaper Home Batteries Program rebates, positioning itself to capture a significant share of the emerging residential energy storage market.

Activeport Group Ltd has secured a landmark contract to deploy its advanced network orchestration software across Ishan Technologies’ vast Indian infrastructure, automating connectivity for over 12,000 edge devices and enhancing service delivery for 85,000 customers.