A day after Telstra admitted that it had overcharged NBN customers, promising them unattainable speeds, Australia's second largest telco Optus has made a similar confession and said it is working with the ACCC to provide compensation to those who have been affected.

Only 12% of those who have connected to the national broadband network as of 30 September have opted to take the fastest plans — 100Mbps/40Mbps — according to data collected by the Australian Competition and Consumer Commission, which shows that a shade over three million people are connected.

Optus-powered MVNO OVO, which famously offers 100GB for $69.95 per 30 days, as well as great unlimited voice and text plans with data allocations, now has national 7-Eleven distribution.

Seemingly taking naming inspiration from a famed competitor, the Kogan Agora 8 Plus aims to attract near on $2000 phone buyers with a model a tenth of that price.

Communications provider MNF Group has established a new brand for the enterprise and government markets.

The demand for executives in the IT sector continues to decline, with a fall of 11% in October reversing gains made earlier in the year.

Accounting software company Xero has announced it is delisting from the New Zealand stock exchange to focus on its listing on the Australian stock exchange (ASX) and to pursue further growth in overseas markets.

And of course, there's plenty more so for all the news visit www.itwire.com.

Have a great day!

Stan Beer, Editor in Chief, iTWire

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