Enter Details

Comment on stories, receive email newsletters & alerts.

This is your permanent identity for Business Insider Australia
Your email must be valid for account activation
Minimum of 8 standard keyboard characters


Email newsletters but will contain a brief summary of our top stories and news alerts.

Forgotten Password

Enter Details

Back to log in

Optus profits are up 9.1% as it adds 12,000 new mobile customers

The Vogue 100: A Century of Style exhibition of photographs tat National Portrait Gallery in London. Stuart C. Wilson/Getty Images

Optus added 12,000 new mobile customers and increased profit 9.1% to $227 million in the December quarter.

Australia’s second largest telco, owned by Singapore Telecommunications, now has 9.37 million mobile subscribers.

Operating revenue was up 6% to $2.43 billion, reflecting strong equipment sales and sustained growth across mobile and fixed businesses.

Mobile service revenue rose 1% to $1.24 billion.

A detailed breakdown of Optus earnings by type of product:

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at