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NBN Co loan drawdown sitting at AU$10.8 billion by March 31

(Image: Chris Duckett/ZDNet) By the end of March, the company responsible for rolling out of the National Broadband Network (NBN) had drawn down AU$10.8 billion of its AU$19.5 billion loan from the federal government. The incoming government brief prepared by the Department of Communications before the May election, and released ...

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Cisco acquires Acacia Communications for $2.6 billion

Tech news roundup: Amazon Prime Day, EA gaming service’s vulnerabilities, and multicloud basics This week’s TechRepublic and ZDNet news stories include the brand battle between Apple and Microsoft, Word documents containing malicious links, and the future of on-premises databases. Read more: https://zd.net/2xqQ0Hn Cisco said it will acquire Acacia Communications in ...

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Telstra outage takes down ATMs and Eftpos

(Image: Chris Duckett/ZDNet) Telstra has acknowledged it is suffering an outage that has taken out some of the essentials of 21st century Australian life: ATMs and Eftpos terminals. “We’re currently looking into an issue affecting services including Eftpos and access to ATMs,” the company said in a tweet at 4:19pm ...

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4G speeds topping 5G in Australia: Opensignal

(Image: Opensignal) Of eight nations where Opensignal conducted real-world testing during April to the end of June, Australia is the only nation where 4G speeds were better than the much-hyped speeds of 5G. According to Opensignal, Australia’s maximum 4G network speed was 950Mbps, while 5G topped out at 792Mbps. This ...

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