Optus holds sale on cable broadband network

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Optus has put plans to sell its cable broadband network to the national broadband network on hold

Strong growth in mobile revenues and new customers helped Optus record a 15.7 per cent rise in profit to $165 million for the December quarter, compared with $143m in the previous corresponding period.

Revenue from the mobile business surged 9.6 per cent to $1.46 billion, spurred on by an 11 per cent increase in mobile services revenue to $1.18bn, compared to $1.06bn in the previous period.

via The Australian.

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