Optus has reported a 12 percent rise in first quarter earnings, with an underlying net profit of AU$122 million despite a decrease in mobile termination rates and a decline in off-net fixed telephony revenues.
Australia's number two telecommunications company Optus says revenue growth in the current financial year is expected to moderate and earnings are to decline slightly.
Australia's second biggest telecoms group Optus grew net profit by 1.8 per cent in the second quarter of this financial year, on the back of a growing mobile customer base.
SingTel subsidiary Optus today reported net profit of $122 million for the three months to June, little changed from the same period the year before as the company took charges for depreciation in networks and new offices.
Australia's second largest telecommunications company Optus plans to tackle the impact of changing consumer behaviour by providing new technologies to drive revenue growth.
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