Optus boosted by customer growth
Listen to this article
In this article (5)
New customers spending more on data have boosted revenue for Optus, but the telco continues to be outpaced by Telstra.
Australia’s second largest telco achieved a 6 percent rise in revenue in the three months to December, as it added 100,000 mobile customers to 8.25 million.
Data revenue rose 12 percent, as more customers moved to the company’s 4G network and new handsets, including the iPhone 6, were released.
Questions & Answers
Q.Which of Australia’s major telcos is currently outperforming Optus?
Which of Australia’s major telcos is currently outperforming Optus?
Optus, despite its growth, continues to be outpaced by Telstra. Telstra remains the dominant player in the Australian telecommunications market, exceeding Optus's performance.
Q.What is the total number of mobile customers Optus now has after this period of growth?
What is the total number of mobile customers Optus now has after this period of growth?
Optus added 100,000 mobile customers in the three months to December. This increase brings their total mobile customer base to 8.25 million, as stated in the article.
Q.What factors contributed to the increase in data revenue for Optus?
What factors contributed to the increase in data revenue for Optus?
Data revenue rose due to several factors. More customers migrated to the company's 4G network, and new handsets, including the iPhone 6, were released, encouraging higher data usage.
Q.What was the percentage increase in Optus's overall revenue for the period?
What was the percentage increase in Optus's overall revenue for the period?
Optus achieved a 6 percent rise in its overall revenue during the three months leading up to December. This growth was primarily driven by new customers increasing their data spending.