Optus set for strong growth

1 Jul 2005

Singtel’s Australian fixed and mobile subsidiary Optus has seen its revenues growing faster than the Australian market as a whole during 2005, and is set to continue this trend in the medium term, according to a recent report released by the company. The operator, saw revenue for fiscal 2005 grow 8.9% to AUD6.92 billion, plans to launch 3G services across the country by the end of 2005, as well as roll out its own broadband network, reducing its reliance on rival Telstra’s network.

Australia, Optus, Optus Mobile