Internet and telephone lines in Australia are experiencing the heavy burden of the horrific terrorist attacks on the United States, with an increase of 70 percent in net traffic and a 40 percent peak in phone calls.
Australia's second largest telco Cable & Wireless Optus has announced a major expansion of its national fibre-optic network which it said would boost revenues by AU$200 million over five years.
Singapore Telecommunications told analysts today it was confident its bid for Cable & Wireless Optus would be declared unconditional by Thursday.
The Australian government gave its long-awaited approval yesterday for Singapore Telecommunication's bid for Australia's second largest telco Cable & Wireless Optus.
Singapore Telecom's takeover for C&W Optus has one less hurdle to contend with, as the US, which exports its satellite technology to Optus, has given the deal its blessing.
Too-high prices, a lack of applications and carrier-imposed content restrictions may doom Australian WAP -- touted as the global mobile market's next big thing -- to be nothing more than a pricey "toy". Say it ain't so.
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