TECHNOLOGY
2
Optus
Singtel Optus Pvt Ltd is a subsidiary of Singtel , which is a Singaporean telecommunications company . Optus has its own network which it uses to provide its services so Optus does not need to lease lines and poles , and it has a greater control of its future .
Optus has a large presence in the telecommunications market in Australia with wholesale services and a large footprint in the retail market . It also provides broadband , dial-up , and wireless internet to its customers . Optus is led by Chairman Paul O ’ Sullivan , and CEO designate Allen Lew .
The total revenue through March of 2013 is $ 8.93 billion , and its net income through March 2013 was $ 764 million . The company employs more than 8,700 people .
Optus has 9.38 million customers and recently saw its subscribers drop 54,000 people as competition ramped up from other companies like Telstra and Vodafone Hutchison Australia . Telstra is however growing in subscribers who are post-paid by adding 102,000 compared to Vodafone Hutchison Australia which grow by 32,000 at the same time .
32 June 2016