Displaying items by tag: Revenue

Australia’s second largest telco Optus has suffered an operating revenue decline of 2% to A$8,954 million for the full year to the end of March, despite higher NBN migration revenue offsetting lower equipment and service revenues.

The Federal Government says national broadband network operator NBN Co has demonstrated “operational and financial resilience” during the initial phase of the COVID-19 pandemic and has welcomed the company’s “strong” 2019-20 third quarter results.

Telecommunications and data centre provider Macquarie Telecom has boosted revenue by 9% to $131.9 million for the half year to the end of December 2019, delivering what the company says is eleven halves of growth as it continues to invest in data centres cloud and security.