AustralianSuper Takes Majority Stake In Optus Towers
Optus’ parent company Singtel will sell a 70 per cent stake in Australia Tower Network, the subsidiary that holds Optus’ telco towers... Read More
Singtel Sues Telstra As IP Row Heads To Court
Australian telco Telstra is being sued by Optus owner Singtel in a bitter row over intellectual property. The legal battle comes as... Read More
Key Asian Countries Dump Huawei As They Spin ‘Porkies’ About Telstra
Huawei Australia spin doctors who could soon be out of a job are now trying to claim that recent Telstra price rises... Read More
Optus Q4 Revenue Down 9% Amid COVID19 & Price Competition
Singtel-owned telco, Optus, has reported a 2% decline in full-year revenue to A$ 8.95 billion, following a “challenging fourth quarter” and higher... Read More
Optus Q1 Net Profit Down 32% YoY
Singtel-owned Optus has reported a 32% year-on-year drop in Q1 net profit, amid a “challenging competitive market” and the continued roll-out of... Read More
Optus Revenue Up 5.7% Despite World Cup Fiasco
Despite backlash over its World Cup streaming flop, Singtel-owned Optus has post a 5.7% year-on-year jump in Q1 operating revenue, notching A$2.1... Read More
ATO Hits Optus With Own Goal Tax Bill
Singapore Telecommunications the owners of Optus have been hit with a $326M dollar tax bill by the ATO, the tax dates back,... Read More
Singtel Fights ATO $326m Demand
Optus owner Singtel has received an amended tax assessment from the Australian Tax Office demanding payment of A$326 million – and at... Read More
Singtel, Optus Contract With ANZ Extended To 2020
Singtel and Optus Business have secured an extension of a telecommunication and managed services agreement with ANZ to 2020, supporting expanded services... Read More