trending Market Intelligence /marketintelligence/en/news-insights/trending/TB1K-jBLG6OQY2zvpuXgsQ2 content esgSubNav
In This List

Telstra to spend A$50M to address network outages


Insight Weekly: Sustainable bonds face hurdles; bad loans among landlords; AI investments up


Master of Risk | Episode 3: Live from the Global Credit & Risk Symposium

Volume of Investment Research Reports on Generative AI Skyrocketed in Q1 2023


Next in Tech | Episode 116: Securing Digital Experiences

Telstra to spend A$50M to address network outages

committed anadditional A$50 million to address network issues following a spate of outages,the company said May 2.

Following a review, the Australiantelco identified a range of steps to reduce the likelihood of another outage.The recommendations included increasing redundancy in nodes, adding more capacityto the core network, introducing new procedures for key network elementrestarts and improving resilience in international connectivity.

Telstra will spend around A$25 million to install real-timetraffic monitoring equipment. The remaining A$25 million will be used toincrease network capacity to handle the large number of re-registrations thatoccur simultaneously after a disruption.

As of May 3, US$1 wasequivalent to A$1.33.