Jessica Aldred

Australian financial services corporation AMP has signed a five year, AUS$550 million (US$314 million) complete outsourcing agreement with US-based Computer Sciences Corporation (CSC) following AMP’s takeover of GIO Australia. The expanded agreement, effective immediately, is for the management of AMP and GIO’s combined IT infrastructure which includes all network, desktop and mainframe services, replacing the […]

Business-to-business (B2B) show Internet World Australia has opened its doors for the sixth year in a row in Sydney today, with a range of companies choosing to use the reach of the show as a vehicle for company announcements. Multimedia and Internet services provider Access1 will add further depth to its channel line-up after securing […]

The Australian Productivity Commission is to review competition regulation in the national telecommunications industry, the Australian Federal Government announced today. The proposed review will deal with anti-competitive behaviour in the sector, and examine interconnection and access, carrier service pre-selection and number portability. Federal Treasurer Peter Costello said the Productivity Commission review would be held according […]

Westpac bank has announced a partnership with US-based e-business provider Intelisys Electronic Commerce to operate its Australian and New Zealand e-procurement network and develop an Australasian business-to-business (B2B) marketplace. A Westpac group company will take a 49 percent equity investment worth AUS$45 million (US$27 million) in the new entity, which will be known as Intelisys […]

ANZ has formed an alliance with Internet technology developer MultiEmedia, which will see the bank take a 15 percent stake in the company with the option to expand during the three year term of the deal. Under the agreement, MultiEmedia will host ANZ BizSite, the Web creation service for ANZ’s small to medium sized enterprises […]

Australian telecommunications group Cable and Wireless Optus has cemented its deal with Sir Richard Branson’s Virgin Group to establish a joint venture (JV) in Australia. The announcement brings Virgin Mobile Australia closer to launching, after the two companies signed a heads of agreement deal in February. Former CWO general manager for strategy and business development, […]

Financial markets service provider Bourse Data has announced it will move to compulsorily acquire the remaining shares in Australian online investment forum HotCopper Australia. Bourse Data said it currently owns 94.80 per cent of the company, after offering one for every six HotCopper shares in a move to take over the trading forum site three […]

ANZ Bank, telecommunications carrier Telstra and smart card systems and services provider

Australian business-to-business (B2B) Internet company Peakhour has launched a free package which aims to get small to medium-sized businesses online faster and with minimum cost. FreeBiz is a 12 month offering for 20,000 business customers which allows small to medium-sized enterprises (SMEs) to ‘try before they buy’, including free Internet access, five business email accounts […]

Hutchison Telecommunications will begin the rollout of its mobile CDMA services in Sydney and Melbourne from next week. Sales of the local service will be integrated with the mobile service as marketed as Orange One through contract and direct fulfilment channels in the company’s Sydney and Melbourne licence areas. Hutchison first began selling its wireless […]

Internet Services Provider eisa‘s multi-million dollar bid to acquire Australia’s second largest ISP OzEmail is in doubt after major content provider John Fairfax Holdings announced that its online subsidiary, f2, had ended its Memorandum of Understanding (MOU) with the company. Fairfax was reported to be contributing AUS$40 million (US$24 million) in return for a five […]

ISP eisa has indicated it may turn towards legal action in an attempt to recover AUS$20 million (US$12 million) deposit the company paid for the proposed deal with OzEmail. The company issued a statement to the Australian Stock Exchange reporting it had written notification from OzEmail which “purports to terminate the business sale agreement made […]