The first half of 2018 has been a horror show for many of Australia's leading telcos.
Shares in major listed telecommunication companies Telstra, TPG, Vocus have all dropped sharply since the start of the year, while Optus parent Singtel has also seen its value decline in the past six months.
The recent decision by Telstra to axe more than 9000 jobs – possibly the largest corporate culling in Australian history – was just the sharp edge of a six-month period that has seen major challenges for many of the top carriers.
It comes during a continued period of transformation and disruption as the rollout of the National Broadband Network continues, and new competitors arrive to challenge the dominance of the industry's top carriers.
Click or swipe through for a recap and analysis of the major upheaval in Australia telecommunications sector.