1,000 jobs cut at Telstra; Optus expands 3G network

14 Nov 2005

Telstra has slashed around 1,000 jobs as part of a cost cutting programme to prepare for the sale of the government’s 51.8% stake next year. Rumours have also emerged that the telco will close its main research and development laboratory in Melbourne, a move which would result in a further 200 job cuts, but the telco has denied this.

Meanwhile Optus Mobile has expanded its 3G offering to customers in Sydney, Melbourne, Brisbane CBD, and airports at Brisbane, Adelaide and Perth. The cellco launched limited 3G services to business customers in Canberra in April this year. It will offer customers four capped plans and five subsidised handsets.