Alicia Camphuisen

[Sydney, Australia, May 15, 2000]: In a move to open bandwidth capacities to Australian users, telecommunications carrier PowerTel has formed an alliance with major shareholder, US carrier Williams Communications, to establish new high-speed links their respective networks. In a Memorandum Of Understanding, PowerTel and Williams have agreed to work together to develop a complete set […]

[Sydney, Australia, May 12, 2000] — Web site and magazine publisher Terraplanet has braved both post Budget and Nasdaq-based tech stock shakiness to debut on the Australian Stock Exchange. The publisher unleashed more than 760,000 shares in its listing, opening at AUS$0.42 (US $0.26) and reaching a high of AUS$0.60 (US$0.36), before closing as AUS$0.536 […]

[Sydney, Australia, May 12, 2000] — Financial information site Bourse Data will further extend its reach, gaining access to more than 400,000 more potential customers through two separate agreements. The company has signed a new deal to distribute its Personal Investor Software through ISP Asia Online, and under this deal Bourse will offer customers access […]

[Sydney, Australia, May 12, 2000] — Australian startup Technocash has been awarded AUS$94,000 (US$56,400) through the Federal Government‘s AusIndustry program under its Commercialising Emerging Technologies (COMET) scheme. The company will use the grant to develop its patent-pending technology for virtual money, designed to replace cash for consumers not willing to use credit cards on the […]

[Sydney, Australia] — Telecommunications carrier and ISP Cable & Wireless Optus (CWO) has overhauled its user interaction strategy, unveiling a new portal site complete with personalization capabilities. The OptusNet portal will become Optus’ new drive to make its site more than an information source, but a sticky resource that provides information across 12 channels to […]

[Sydney, Australia] — National telecommunications carrier PowerTel will look to expand its network delivery in preparation for digital broadcasting, after forming a strategic relationship with fellow carrier Soul Pattinson Telecommunications (SPT). Through the deal, PowerTel is seeking to reach “new and complementary markets”, according to chief executive officer Stephen Butler, with his compny continuing its […]

The Federal Government has imposed limits on the content datacasters will be able to distribute, in new legislation introduced to Parliament. The legislation, which builds on and extends the digital conversion framework agreed upon by Parliament in 1998, introduces a new definition of datacasting and restricts datacasters to certain content genres and time limits. This […]

[Sydney, Australia, May 9, 2000]: Telecommunications giant Telstra will offer Internet billing for customers through its site, after signing a development deal with management and consulting firm Andersen Consulting and e-billing and management software and services company edocs. Under the proposed service, customers will be able to receive and pay Telstra bills online, and elect […]

Telecommunications giant Telstra has switched on its commercial General Packet Radio Service (GPRS) network, becoming the first Australian network to be ready for end-to-end GPRS data calls. The carrier demonstrated Wireless Application Protocol (WAP) and regular HTML Web browsing to display the capabilities of its GPRS service, showing application possibilities such as real time stock […]

Online entertainment site and music retailer ChaosMusic has signed an exclusive 12 month alliance with news.com.au to provide the site’s entertainment content. Under the deal, Chaos will exclusively deliver music and entertainment news to news.com.au, which is the news and current affairs site of News Interactive‘s network. The music consumer-focused content will include reviews, latest […]

Broadband network provider SkyNetGlobal is taking an unusual approach to gathering capital, by launching an unlisted prospectus to complete the next round of fundraising. With this approach, the company is allowing smaller investors to take a stake, by accepting investments as low as AUS$2800 (US$1680). SkyNetGlobal is seeking to raise a total of AUS$5.6 million […]

Search directory and portal site Yahoo! has made its first investment in Australian business, with its local arm taking a minority equity investment in online recruitment service Seek Communications. Yahoo! Australia & New Zealand will invest AUS$6.25 million (US$3.75 million) cash in Seek, to become the principal supplier of employment listings for the local search […]