Communication Stocks

News Corp (ASX:NWS) tumbles over 10%; here’s why

 News Corp (ASX:NWS) tumbles over 10%; here’s why

Highlights News Corporation shares have shed off over 10% on the ASX today (9 May 2022). The Company has reported an increase of 7% in its Q3-FY22 total revenues, reflecting growth in all revenue lines. Free cash flow available decreased due t...

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Pureprofile (ASX:PPL) shares gain over 8% on 3QFY22 update

Pureprofile (ASX:PPL) shares gain over 8% on 3QFY22 update

Highlights: In its third quarter, Pureprofile recorded a revenue growth of 40%. However, platform revenue increased by 323% as compared to the previous corresponding period (pcp). Record sales from the Data & Insights companies outside Aus...

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Aussie Broadband (ASX:ABB) tumbles on lowering earnings guidance

Aussie Broadband (ASX:ABB) tumbles on lowering earnings guidance

  • May 02, 2022 03:40 PM AEST
  • Samta

Highlights Telcom service provider Aussie Broadband is gaining attention following latest quarterly results. The company expects full year EBITDA guidance between AU$27 million to AU$28 million. ABB shares have gained 34% in the last three mon...

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Why is Telstra (ASX:TLS) in news today?

Why is Telstra (ASX:TLS) in news today?

Highlights Telstra has independently refunded AU$1.73 million to affected customers. Telstra was asked to pay circa AU$500,000 to regulatory authority for default in billing system. Telstra confirms the acquisition of Fetch TV today.  ...

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News Corporation (ASX:NWS) likely to enter sports-betting market

News Corporation (ASX:NWS) likely to enter sports-betting market

Highlights News Corporation is in touch with Matthew Tripp and Tekkorp Capital to launch its online wagering platform in Australia. As per the media sources, BetMakers will provide the technology. BetMakers announced trading halt today on pend...

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Uniti (ASX:UWL) shares gain on collaborating with MBC BidCo

Uniti (ASX:UWL) shares gain on collaborating with MBC BidCo

  • April 14, 2022 12:35 PM AEST
  • Ritwika

Highlights Uniti has signed up for a scheme implementation deed with MBC BidCo for a cash consideration of AU$5 per Uniti share.  As a part of the Scheme, MBC will acquire 100% of the Uniti shares.  The shares of Uniti have gained 90...

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Australian Grand Prix back in action after three years, stocks to watch out for

Australian Grand Prix back in action after three years, stocks to watch out for

  • April 05, 2022 11:56 AM AEST
  • Ritwika

Finally, the wait is over as the Formula One extravaganza is all set to head to Melbourne this week for the Australian Grand Prix. The whole nation is gearing up as the Albert Park is once again set to host the race after three years. Australia...

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Telstra (ASX:TLS) share price in focus after CEO Andy Penn announces retirement

Telstra (ASX:TLS) share price in focus after CEO Andy Penn announces retirement

  • March 30, 2022 09:36 AM AEDT
  • Ashish

22. Shares of Telstra Corporation Ltd (ASX:TLS) would be in focus on Wednesday after the current chief executive officer (CEO) of the telecommunications company announced his retirement. Penn will retire after serving the company in the top ro...

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Uniti (ASX:UWL) shares hit 52-week high on Morrison/Brookfield offer

Uniti (ASX:UWL) shares hit 52-week high on Morrison/Brookfield offer

Australian telecom company Uniti Group Limited (ASX:UWL) announced today (29 March 2022) that it has received a revised indicative proposal from a consortium comprising HRL Morrison & Co and Brookfield Infrastructure Group to acquire Uniti. ...

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Telstra (ASX:TLS) finalises T22 strategy’s next steps; key details

Telstra (ASX:TLS) finalises T22 strategy’s next steps; key details

  • March 29, 2022 09:39 AM AEDT
  • Ashish

22. Telstra Corporation Ltd (ASX:TLS) on Tuesday outlined the final steps needed to finalise the proposed legal structure for its T22 strategy.  The proposed new structure will have Telstra Group Ltd as the holding company. The shareholde...

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Here’s why Telstra (ASX:TLS) shares are trading in red today

Here’s why Telstra (ASX:TLS) shares are trading in red today

Telecommunications services provider Telstra Corporation Limited (ASX:TLS) shares have been continuously declining since the start of this year. Even after signing a blockbuster deal with TPG Telecom (ASX:TPG) last month (21 February), Telstra's s...

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