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Telstra
Trends
- 1
Australian shares opened higher, with the S&P/ASX 200 rising on gains in banks and mining stocks including BHP. The moves come ahead of an expected fifth Reserve Bank of Australia rate rise aimed at curbing inflation, after the US Federal Reserve held rates steady. Telco stocks slid, with Telstra extending its sell-off amid a reported SpaceX threat, while iron ore miner Champion Iron swung to an adjusted loss.
- 2
A technical glitch at Telstra has caused missed-call confusion for customers across Australia, with callers able to connect without ringing or calls failing to come through. The issue has prompted complaints on social media and questions about reliability of the telco's network. Telstra is reportedly working on a fix.
- 3
Telstra customers across Australia have been bombarded with mystery missed calls and strange text messages, prompting fears on social media that the telco has been hacked. The company says the flood of calls and 'missed call' notifications stems from a technical issue rather than a security breach, and engineers are working to fix the glitch affecting users nationwide.
- 4
Telstra is facing fresh scrutiny after a technical glitch caused customers to miss calls, prompting confusion among users across Australia. At the same time, the company's chairman has come under criticism, described in local coverage as being like a 'fish out of water'. The twin stories have put Australia's largest telecom under pressure over both service reliability and leadership performance.