Optus has posted a modest profit gain for the full year to the end of March on the back of strong growth in mobile subscribers, with 9.43 million now signed up to its mobile service.
The delisting of Optus parent company SingTel from the Australian Securities Exchange has moved a step closer to completion with Australian shareholders of SingTel formally notified of their options for retaining an interest in the company or selling their shares.
Optus has sealed a seven-year managed-services deal with the Suncorp Group to manage the Queensland-based company’s ICT services.
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Just sell the whole thing to Telstra already. It can't get any worse.
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