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Tag: optus
Optus trials wireless broadband for the home
2013-11-20 10:13:12| Wireless - Topix.net
The trial will include 200 staff and last for three months. Staff will receive a "plug-and-play" modem device to test network compatibility, performance and ease of use.
Tags: home
wireless
broadband
trials
Optus launches TD-LTE network
2013-09-16 01:31:00| Telecompaper Headlines
(Telecompaper) Australian telecommunications provider Optus has launched a second 4G network, called 4G Plus, in Melbourne, Sydney, Brisbane and Adelaide. The new network uses 2300 MHz spectrum and TD-LTE technology, The Australian writes. Optus first trialled the technology in Canberra. The company plans to reach 70 percent of urban Australians with 4G by mid-2014.
Tags: network
launches
optus
network launches
Optus grows Q1 profit, SingTel completes satellite review
2013-08-14 03:08:00| Telecompaper Headlines
(Telecompaper) Optus posted a net profit for the quarter ended 30 June of AUD 167 million, up 8 percent from AUD 155 million in the year-ago quarter. Operating revenues slipped 5 percent to AUD 2.12 billion from AUD 2.24 billion in the year-ago period. In Mobile, revenues fell 6 percent due to the continuing effect of the mandated reduction in mobile termination rates, decreased equipment sales as device subsidies were reduced, and higher service credits associated with device repayment plans. However, operating expenses for the quarter dropped 9 percent to AUD 1.56 billion, driven by lower selling and administrative costs. EBITDA went up 5 percent to AUD 572 million from AUD 545 million and EBITDA margin increased 2.6 percentage points to 27 percent. Separately, parent SingTel announced it has completed the strategic review of the Optus Satellite business. Based on this review, SingTel says it is committed to growing and investing in the satellite business.
Tags: review
profit
satellite
grows
SingTel to keep Optus satellite operations
2013-08-13 02:00:00| Total Telecom industry news
Singapore operator completes strategic review of Australian satellite business.
Tags: operations
satellite
optus
singtel
SingTel receives 2 final bids for Optus Satellite - report
2013-08-12 04:14:00| Telecompaper Headlines
(Telecompaper) Singapore Telecommunications (SingTel) has received two final offers for Optus Satellite, its Australian satellite business. Intelsat is one of the bidders and the other offer was lodged by a consortium that includes Blackstone Group, TPG Capital, and Measat Global, Reuters reports citing sources close to the matter. Both offers were below AUD 2 billion, the reserve price, and the SingTel board will shortly decide whether to ask bidders to improve their bids or whether to divest the division through an IPO.
Tags: report
final
satellite
bids