TPG Telecom has lifted its full-year guidance after first-half underlying profit rose, but the internet provider's two subsidiaries, iiNet and Internode, are being forced to compensate 11,000 customers following an investigation by the consumer watchdog.
iiNet has appointed an experienced online business executive and a digital marketing expert to its board, following the recent departure of two directors and the retirement of chief executive Michael Malone.
INTERNET service provider Eftel has announced an acquisition deal under which majority ownership of the Perth business will pass to the shareholders of Melbourne-based Club Telco Pty Ltd.
