Stories by Adam Bender

New Zealand bank wants to be Facebook friends

Tellers at ASB Bank in New Zealand are providing financial advice to customers over Facebook and attracting interest from around the globe. ASB opened the world’s first Facebook-based virtual bank branch in September 2010 and soon plans an upgrade to its mobile app allowing customers to send payments direct to Facebook friends.

NBN builders say they haven't pulled plug

Transfield and Silcar denied a report that they had pulled out of the next round of NBN construction deals. <I>The Australian Financial Review</I> reported Wednesday that Silcar and Transfield had decided against participating due to “delays caused by poor planning.”

Vodafone 4G Arrives 2013, HSPA+ this September

Vodafone has targeted the end of the year to complete rollout of its new mobile network supporting HSPA+ and 4G LTE. The carrier said the $1 billion, 2-year investment would result in better mobile coverage, increased data speeds and better network reliability.

Optus shows the money in bid to overtake Telstra

Optus plans to spend $2 billion over the next two years on 4G services in an effort to take on Telstra. A SingTel official revealed the plan in an interview with <I>The Australian Financial Review</I>.

Digital Dividend auction set for April 2013

The Digital Dividend auction for spectrum highly sought by Australian wireless carriers will occur in April 2013, said Senator Stephen Conroy, minister for broadband, communications and the digital economy. The auction will determine who gets Australia’s 700MHz and 2.5GHz spectrum after TV broadcasters shut off analog broadcasts at the end of 2014.