Vocus Group has been hit with a shareholder class action alleging the telecommunications company made misleading statements ahead of a profit downgrade in 2017 that sent the price of shares tumbling.
Telecom giant Optus has been hit with a $25,000 criminal fine after pleading guilty to four charges of failing to disclose political donations in its development applications.
The ACCC will announce in May whether it will approve the proposed $15 billion merger of telco giants TPG and Vodafone Hutchison Australia, after the parties’ failure to comply with requests for information caused the regulator to suspend its timeline last month.
A court has ordered internet provider Activ8me to pay $250,000 in penalties for making false and misleading claims about the performance of its internet services, the consumer watchdog said Friday.
Telecommunications giant Telstra has taken a Victoria-based green energy company to court, alleging infringement of its trade mark for broadband subsidiary Belong.
KPMG has snagged heavy-hitters from Norton Rose Fulbright, Clayton Utz and Herbert Smith Freehills for its growing legal services team, adding strength to its financial services regulation, technology and telecom transactions, and government offerings.
The Australian Competition and Consumer Commission has suspended its timeline for announcing whether it will bless the proposed $15 billion merger of telco giants TPG and Vodafone Hutchison Australia, saying the parties have still not complied with its requests for information.
Foxtel and Optus contractor BSA may be hit with a class action on behalf of telecommunications technicians allegedly engaged as independent contractors so the company could avoid paying them certain entitlements.
Motorola has accused rival Hytera Communications of a “deliberate strategy” of filing late affidavits to throw Motorola off in an already highly contentious patent and copyright case over digital radio devices.
Optus has been ordered to pay $10 million in penalties for billing unwitting customers for premium mobile phone services, the consumer regulator said Wednesday.