Displaying items by tag: Allen Lew

Optus has opened applications for its Green Shoots grants program as part of its efforts to help restore connectivity for small businesses affected by recent bushfires across Australia.

Published in Telecoms & NBN

Australia’s second largest telco Optus has reported “slightly lower” quarterly operating revenues year on year, down from $2,419 million in 2018 to $2,393 million for 2019, with higher NBN migration revenue offsetting lower equipment and service revenues.

Optus has launched a grants program to help re-establish connectivity within regional Australia, particularly through support for small businesses affected by bushfires.

Published in Telecoms & NBN

Optus pulled in revenue of $2,207 million for the three months to the end of September to deliver an increase in profits for the quarter due to increased NBN migration.

Published in Telecoms & NBN

Optus has unveiled a suite of initiatives it says are designed to support small businesses to improve their operations, growth and profitability by better harnessing the power of Apple devices.

Australia’s second largest telco Optus has suffered a drop in net profits for the year that ended on 31 March, with profits plunging by 15.8% on the previous year.

Published in Telecoms & NBN

Optus has committed to a two-year sponsorship agreement in the Coffs Harbour region with a donation of 15 Junior Nipper Boards to the Coffs Harbour Surf Lifesaving Club.

Published in Telecoms & NBN

Australia’s second largest telco Optus has appointed former Commonwealth Bank executive Kelly Bayer Rosmarin to the newly created role of deputy chief executive Consumer Australia.

Published in People Moves

Telcos Singtel and Optus along with equipment vendor Ericsson say they have successfully made an end-to-end video call with augmented reality between Singapore and Australia, using an OPPO 5G test device.

Published in Telecoms & NBN
Thursday, 14 February 2019 11:44

NBN affects Optus too, as profits fall

Australia's second largest telco Optus suffered a fall in net profit for its third quarter, with a fall of 32% year-on-year from $254 million to $172 million.

Published in Telecoms & NBN

Optus has released the first details of its 5G Home Broadband service which is underpinned by a plan to deliver 1200 5G sites by March 2020.

Australia’s second largest telco Optus is investing a further $23.6 million into its South Australian network, building more than 40 new sites by the end of March next year in a move aimed at improving network coverage and to deliver faster download speeds.

Published in Telecoms & NBN

Optus has seen a 20% fall in profits year-on-year for the first half of its 2018 fiscal year, with Australia's second biggest telco reporting $259 million in net profit for the period against $325 million for the first half a year ago.

Published in Telecoms & NBN
Wednesday, 22 August 2018 11:17

Optus to cut another 440 jobs over next two months

Singtel Optus will sack 440 workers over the next two months in what it says is a bid to reduce the number involved in back-office work.

Published in Telecoms & NBN

Optus has completed the rollout of 37 new mobile sites across Tasmania in the last 12 months as part of its $42.2 million investment in the state, aimed at improving call quality and faster download speeds for mobile customers.

Wednesday, 08 August 2018 11:03

Optus profits decline for previous quarter

Australia's second largest telco Optus suffered a drop in profits for the quarter ending 30 June despite increasing revenue and subscriber numbers. The company's latest financial report for the quarter to the end of June this year revealed net profits for the three months dropped by 3.5% to $154 million from $160 million for the corresponding period in 2017.

Optus has decided to simulcast the remaining matches of the World Cup exclusive to its Optus Sport service — the round of 16 and the quarter-finals — with public broadcaster SBS.

Published in Entertainment

Close on the heels of announcing 200 jobs would go due to phasing out its Virgin Mobile subsidiary, Singtel Optus has announced that it would be making another 400 positions redundant in the coming months.

Published in Telecoms & NBN

Optus has lost pre-paid handset customers in the third financial quarter but more than balanced it with growth in post-paid handset customers, the telco said on Thursday in its third-quarter financials.

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