The NBN Company's funds, according to its first financial report filed several weeks ago with the Australian Securities and Investments Commission, are being held with Westpac Banking Corporation.
Telstra says it is open to selling assets to the government's national broadband network but it needs a guarantee on returns.
Telstra should move quickly to negotiate as favourable a strategic NBN position possible, analysts have warned after the government's bombshell announcement yesterday that it would separate the telco's retail and wholesale operations if the company didn't voluntarily separate first.
A telecommunications analyst from investment advisory service, BBY, has labelled the government's $43 billion NBN plan "as risky as it gets" and said it will fail to attract investors in the current information vacuum.
Online auction giant eBay announced Tuesday it has agreed to sell 65 per cent of its stake in Skype to a group of investors in a deal that values the web communications service at US$2.75 billion.
For Australian start-ups looking for venture capital, 2009 was a very bad year. 2010 may be no better.
In the second of our two programs looking at the Senate Inquiry into the Telecommunications Legislation Amendment Bill, we hear from shareholders, bureaucrats and industry groups.
As Telstra CEO David Thodey and CFO John Stanhope fronted a mob of concerned investors at the company's Investor Day this week, it became clear just how far removed the Telstra of today is compared to the Telstra of a year ago.
US networking giant Cisco Systems has invested an unknown amount into Melbourne-based Majitek, an Australian firm primarily created by the founding members of Sausage Software.
Rejecting Telstra's proposal, after all, is the only conclusion Conroy can reach: as someone whose entire philosophy is built around transparency and process, he simply cannot keep Telstra as part of the NBN bidding process anymore.
The proposed buyout of Pipe Networks by SP Telemedia is an absolute travesty for Australia's telecommunications industry and will be overwhelmingly negative for customers, Pipe Networks staff, shareholders and the industry as a whole.
Australia's IT services market has come through its relatively mild financial crisis relatively unscathed, and certainly in much better shape than it could have ever anticipated.
If Telstra is serious about engaging with the Federal Government over the National Broadband Network it should immediately start the work needed to break itself in two.
Ten years ago they were the young turks of Australia's business community; radical free-thinkers on the path to fame and riches. Shortly after, all those dreams came crashing down. But where are Australia's first dotcom moguls today, and what are they up to?
A new Goldman Sachs report reinforces the market's conclusion that, whatever the National Broadband Network looks like, it is going to have to be taxpayer-funded and the cheques will be massive.
Palm pioneered the smart phone, but if rumours prove true, the Treo maker may not survive as an independent company to watch its creation move from the corner office to the street corner.
British Airways and other airlines are ready to offer online access to business travellers, despite some ongoing technical hitches.
We put Dell's speedy 2.8GHz Pentium 4 desktop through its paces. Is it worth making the extra investment for Intel's fastest processor?
The "new HP" is in the midst of sweeping change as it begins sorting out its PC and server product lines, but one thing is constant: the threat posed by Dell Computer.
The past two months have seen significant changes at PDA manufacturer Palm, but these were necessary to ensure that it stays at the forefront of mobile development.
Google Chrome OS demonstration
Vice President of Product Marketing Sundar Pichai gives a virtual tour of Google's new operating system, Chrom… Watch it now
Malcolm Turnbull's ghost twitterer
At the Sydney Media140 conference several weeks ago, Opposition Leader Malcolm Turnbull admitted he doesn't pe… Watch it now
Surf the Net like it's 1991 with Gopher
The old Gopher protocol is not dead. In fact, it even has Twitter! Here's how to access it.… Watch it now
Having problems with complex data center? Simplify your data center now.
Sick of broken tender sites
Cyberwar: What is it good for?
Is wholesale-only backhaul just a pipedream?
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