Telstra names new COO
Australia’s largest operator appointed Robyn Denholm as COO, replacing 12-year veteran Kate McKenzie, who stepped down in July.
Australian-born Denholm was most recently CFO and COO of Juniper Networks. She joined Juniper in 2007 and was previously with Sun Microsystems for 11 years. She is also a board member of Tesla Motors and ABB, a Swiss power and automation technology company.
Denholm will take up her new role early next year.
Govt investigates Singtel broadband outage
The Infocomm Media Development Authority (IMDA) said it is investigating the cause of an outage in Singtel’s fibre broadband service over the weekend that lasted nearly 24 hours and impacted the entire island.
Singtel, which ruled out a DDoS attack, said on Monday a “small number” of customers were still having connection difficulties and it has sent out technians to fix the problem, Channel NewsAsia reported.
China’s telecoms revenue surges in Oct
China’s three telecoms operators saw their service revenue increase 13 per cent year-on-year in October to CNY94.51 billion ($13.5 billion).
For the first 10 months of the year, their service revenue rose 5.5 per cent from a year ago to CNY1.002 trillion, C114.net reported.
The country’s mobile user base reached 1.3 billion, with 3G and 4G customers accounting for 68 per cent of the total. China now has 714 million 4G subscribers (representing 54 per cent of all subscribers) and 190 million 3G users.
ZTE to take 48% stake in Turkish equipment maker
ZTE agreed to acquire a 48 per cent state in Netas for $101 million to support its growth in Turkey and Eurasia.
The Chinese vendor will acquire the stake from Dutch investment firm OEP Turkey Tech and become Netas’ largest shareholder.
Netas’ R&D centre has 800 engineers, making it the largest private R&D centre in Turkey. Netas was founded in 1967 and is traded on Borsa Istanbul. One Equity Partners, through its holding company OEP Turkey Tech, acquired its stake in Netas from Nortel in 2010.