Investors reacted cautiously to the news that Vocus Group has opened its books to Swedish private equity group EQT Infrastructure,which tabled a highly conditional $5.25 a share cash offer valuing the company at $3.3 billion.
Investors claim the group misled them for five months over the state of its finances.
Vodafone chief executive Inaki Berroeta has lashed Telstra for wanting the national broadband network to cut its prices while taking $2.5 billion a year in payments from the taxpayer funded infrastructure business.
Some telecommunications services are so congested in the busy hours that a third of their customers aren't getting the speeds they are paying for.
The communications watchdog has continued its crackdown on companies that fail to end marketing calls when asked to by customers,fining Primus Telecommunications and iSelect $8400 each.
NBN executive Kathrine Dyer is calling on telecommunications companies to have more women in their management teams.
Shareholders have criticised Vocus Group chairman Bob Mansfield for having only one woman on the company's board of directors.
The $230 million Australia-Singapore cable,which launches from Perth,has been put into service 10 days early after the existing cable experienced yet another major service disruption.
The camera-shy billionaire keeping his cards close to his chest but has played his hand superbly.
The proposed $10 billion merger between TPG Telecom and Vodafone Australia has sent telecommunications providers'share prices soaring.
Vocus Group,widely known for consumer internet brands iPrimus and Dodo,has reported a 17 per cent fall in underlying net profit.