Telstra Corporation Ltd suffers major triple-zero outage

The Telstra Corporation Ltd (ASX: TLS) share price will be on watch today after the telco giant suffered a major outage that has prevented triple-zero calls being made.

According to the ABC, voice calls to triple-zero are being impacted across New South Wales, Victoria and Western Australia after a Telstra cable was cut.

The cable, which runs between Orange and Bowral in New South Wales, is believed to have been severed at around 2am by an unknown party.

While Telstra was quick to respond and the impacted cable was restored at about 4:50am today, there are reports that some callers to triple-zero are still struggling to get through.

At 6:30am this morning Ambulance Victoria tweeted that: “We are experiencing issues with some calls to 000. @ESTA000 advise Victorians calling 000 for emergencies who don’t get through the first time to keep trying.”

The ABC also reported that there were issues in South Australia. However, triple-zero services in that state are believed to be fully functional now.

What now?

Considering how weak investor sentiment is for Telstra at the moment, this is the last thing that shareholders would have wanted to wake up to this morning.

If Telstra is found to be at fault here then I wouldn’t be surprised to see it hit with a fine or potential law suits from impacted callers.

But until the cause of the cable cut is known, I feel it would be unfair to point the finger at Telstra. Especially as it appears to have responded very quickly to resolve the issue.

Investors may want to stay clear of the telco giant’s shares today or until the full details of this incident are known.

Until then, dividend shares such as Dicker Data Ltd (ASX: DDR) and WAM Capital Limited (ASX: WAM) could be worth a closer look.

OUR #1 dividend pick to grow your wealth over the new financial year is revealed for FREE here!

Financial year 2018 is here and The Motley Fool’s dividend detective Andrew Page has revealed his must buy dividend share to grow your wealth in 2018.

You might not know this market leader's name, but it's rapidly expanding into a highly profitable niche market here in Australia. Even better, the shares boast a strong, fully franked dividend that should balloon in the years to come. In other words, we're looking at the holy grail of incredible long-term growth potential AND income you can watch accruing in your account in real time!

Simply click here to grab your FREE copy of this up-to-the-minute research report on our #1 dividend share recommendation now.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Dicker Data Limited and Telstra Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…


The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!