Optus second quarter continues NBN and postpaid customer growth ZDNet - 2 years ago
  • Optus has posted another solid but not spectacular quarter, with the telco seeing its operating revenue remain flat and earnings grow on the back of reduced expenses.
  • For the quarter ending September 30, the company reported a 4.4 percent year-on-year (YoY) increase in earnings before interest, tax, depreciation, and amortisation (EBITDA) to AU$661 million from AU$2.1 billion in operating revenue, which saw a 0.2 percent increase.As of the end of the quarter, Optus had a headcount of 8,278, down from the 8,896 reported at the same time last year.
  • The fixed broadband business saw a 15 percent increase in revenue to AU$353 million on the back of a doubling of off-network revenue, which countered against a 10 percent drop in on-network revenue.On the down side, Optus said its wholesale fixed revenue was down 9.5 percent due to a 12 percent fall in satellite revenue.The enterprise segment experienced a 5.7 percent YoY jump in revenue to AU$415 million, with EBITDA increasing 3.8 percent to AU$68 million.