Optus sinks funds into two Melbourne start-ups
Optus’ start-up program has made its first investment in two Melbourne-based start-up companies – 121cast and Venuemob.
Optus’ start-up program has made its first investment in two Melbourne-based start-up companies – 121cast and Venuemob.
It was 20 years ago on November 19, 1991, when Optus was granted its carrier licence. Since then, the telecommunications company has survived many ups and downs.
Optus has grown its mobile customer base to 9.23 million as at 30 September 2011, up 131,000 or four per cent year on year.
Optus parent SingTel Limited (ASX:SGT) plans to pay up to S$328 million ($249.5 million) to increase its holding in Thai telecom operator AIS.
Optus and parent company SingTel [[xref:http://www.cfoworld.com.au/articles/tag/ASX:SGT|(ASX:SGT)|CFOWorld]] have together secured credit facilities with international banks totalling S$3.7 billion ($2.58 billion).
Optus parent SingTel (ASX:SGT) has announced it has priced $US600 million ($593.5 million) worth of medium-term notes in a thoroughly oversubscribed issue.
Optus ended the December quarter around 8.9 million mobile subscribers, according to parent company SingTel (ASX:SGT).
Ericsson has demonstrated HSPA (High-Speed Packet Access) with download speeds up to 168M bps (bits per second) and 24M bps on the uplink, the company said on Monday.
Optus' mobile customer base grew eight per cent sequentially in the September quarter, parent company SingTel (ASX:SGT) has revealed.
Optus’ first foray into the private cloud market will provide another option in a continually sparse landscape, but the telco has admitted the offering remains in its infancy.
Singaporean telco giant, SingTel (ASX:SGT), has appointed the chief operating officer of its Thai subsidiary Advanced Info Services (AIS) as the telco group’s chief executive of international.
Optus is to shortly release the results of its on-going Sydney Long Term Evolution (LTE) wireless trials.
Singtel (ASX:SGT) is reporting its Australian subsidiary, Optus, has recorded strong growth for the quarter ending December 31, 2009.
DataMotion Asia Pacific (ASX:DMN) has announced it will significantly invest in its local data centre and go on the acquisition trail following a recent capital raising rights issue.
Optus parent company, SingTel, has announced it will run a trial of the wireless technology called Long Term Evolution (LTE) in Australia, Indonesia, the Philippines and Singapore.