SingTel net profit dips eight per cent to $S827 million
Singapore Telecommunications Limited (SingTel), has announced a eight per cent decline in net profit to $S827 million for its third quarter FY2012/13 financial results.
Singapore Telecommunications Limited (SingTel), has announced a eight per cent decline in net profit to $S827 million for its third quarter FY2012/13 financial results.
Telco service provider, Optus has announced a four per cent decline in operating revenue, to $2.24 billion, for its 2012 second quarter financial year results, ending September 30.
The Optus-Innov8 seed program has made its inaugural investments in the Australian start-up scene, with the first sets of funding going to 121cast and Venuemob, both of which launched this year.
Singapore Telecommunications (Singtel) has reported its operations in Singapore and Australia have returned an increased revenue of four per cent comapred with Q1 and EBITDA growth quarter-on-quarter of five per cent for Q2 .
Optus, and its Singaporian parent, SingTel, have reported a strong first quarter with three per cent revenue growth on the same quarter in FY2010/11.
Optus and its parent company, SingTel, recently held its 19th Annual General Meeting and with it came the announcement of three retirements by rotation.
The replacement of Optus’ manual staff password management with a self-service reset has lowered the security risk of staff sharing passwords and reduced IT helpdesk costs by 60 per cent, according to Optus group information security manager, Siva Sivasubramanian.
Telco provider, Optus, announced strong market performance and high hopes for the NBN during the recent SingTel Investor Day in Sydney held by its parent company, SingTel.
Optus is keen to secure more marketshare in the ever-growing mobile market and is keeping a close eye on Telstra as the incumbent telco continues to boost its mobile subscriber base.
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.
Telco provider, Optus, and its wholly-owned subsidiary integrator, Alphawest, have launched a cloud-based infrastructure service using the technology of EMC, VMware and Cisco. The solution starts selling from October 1.
Optus and its parent company, SingTel, have signed on to become the first telcos customers of VMware’s vCloud Datacentre Services program in Asia-Pacific.
The National Broadband Network Company has scored another hiring coup, nicking senior talent from Westpac to bulk out its skills in dealing with technology vendors.
IT services provider, Capgemini, has signed on two senior executives to boost its Australian telecommunications business.
Optus has significantly bolstered its profits thanks to a strong ICT and mobile services growth. But the positive results were less impressive for the telco’s Singaporean parent company, SingTel, as a weak Australian dollar wreaked havoc on exchange rates.