Category Archives: Australian Technology Stocks

Xero still going strong

Recently, Xero Ltd.’s non-executive director Craig Winkler has reduced his shareholding to 10.5% (from 12.7%) to fund his private charitable trust. Winkler is a Director of Givia, the trustee for a private charitable trust and remains Xero’s second largest individual shareholder (via Givia) after Xero’s CEO, Rod Drury. Further, Winkler has informed Xero that he will seek to distribute 100%

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One stock to sell – Iress Ltd.

IRESS (ASX:IRE) has entered into an agreement with MainstreamBPO (ASX:MAI) to divest a part of its superannuation administration business that provides services to customer-owned banks. These assets were acquired as part of the purchase of Financial Synergy in October 2016. While recognizing the quality of the superannuation administration services, IRESS has determined the provision of these particular services to customer-owned

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TPG Telecom Ltd Investing heavily to withstand raising competition

Investing heavily to withstand raising competition: TPG Telecom Ltd (ASX: TPM) bid for 2x10MHz of spectrum in the 700MHz band at the auction by the Australian Communications and Media Authority (ACMA). The spectrum license would start from 1 April next year and will expire on 31 December 2029. Accordingly, they are building a mobile network in Australia using current advanced

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Telstra Corporation Ltd First mover advantage

First mover advantage: Telstra Corporation Ltd (ASX: TLS) stock recently reported that they are supporting the Australian Competition and Consumer Commission (ACCC) legal initiative against Vodafone regarding their decision on wholesale domestic mobile roaming. ACCC went against Vodafone decision of leveraging Telstra’s mobile infrastructure in regional and remote areas, where it has the least network coverage as compared to its

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Two Telecom stocks to buy – Telstra & TPG

First mover advantage: Telstra Corporation Ltd (ASX: TLS) stock recently reported that they are supporting the Australian Competition and Consumer Commission (ACCC) legal initiative against Vodafone regarding their decision on wholesale domestic mobile roaming. ACCC went against Vodafone decision of leveraging Telstra’s mobile infrastructure in regional and remote areas, where it has the least network coverage as compared to its

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During Q1FY17 (ending March 31, 2017) Freelancer Ltd reported a 20% yoy growth in cash receipts at $12.5 million on a rolling 12-month basis, with strong positive operating cashflow of $2.1 million.

During Q1FY17 (ending March 31, 2017) Freelancer Ltd reported a 20% yoy growth in cash receipts at $12.5 million on a rolling 12-month basis, with strong positive operating cashflow of $2.1 million. Q12017 witnessed a strong bounce in accepted projects as issues in the core desktop project funnel were corrected in mid-January 2017, while projects posted on mobile reported an

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