Australia's second biggest telecommunications provider Optus is cutting 320 jobs in a number of divisions and says that more redundancies will take place in the next 12 months. However, to ease the pain the telco said it would also add 140 new roles.

Breaches of compliance obligations for separation of its wholesale and retail business caused mainly by staff errors continued to plague Telstra throughout the 2015-2016 financial year, according to a report by the regulator.

Samsung seems determined not to keep its ill fated Note7 smartphone on life support. The tech giant is refurbishing the Note7 for sale in South Korea from June, at approx US$266 less than when it launched – and with a smaller battery.

Sydney-based telecommunications provider Comvergence has started rolling out G.Fast technologies to businesses in Sydney and Melbourne touting speeds of 300Mbps, in what the US technology supplier Calix claims is a first doe Australia.

Cyber espionage and ransomware attacks are on the increase around the world, according to a new report by a US-based telco Verizon. It reveals that of nearly 2000 security breaches, more than 300 were espionage-related and many of them started life as phishing emails.

And of course, there's plenty more so for all the news visit www.itwire.com.

Have a great day!

Stan Beer, Editor in Chief, iTWire

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