Media Releases

Cable & Wireless Optus delivers profit of $24 million

24 February 1999, 9:00 am

The result was driven by a major improvement in the company’s mobile business, strong revenue growth in business network services and a significant increase in its local telephony base. Highlights of the first half results include: 7 Continued double-digit revenue growth 7 Strong cost containment 7 36 per cent rise in EBITDA (Earnings before interest, … Read more

Dual illumination period extended

24 February 1999, 9:00 am

  Discussions with both the ABC and Imparja revealed a handful of communities had not yet installed new digital equipment due to supplier delay. Rather than leave customers without television and radio services, Cable & Wireless Optus will continue broadcasting in both analogue and digital. The dual illumination period will be extended until 17 March … Read more

Cable & Wireless Optus and Seven Network Sign Mobile Deal

24 February 1999, 9:00 am

The Seven Network and Cable & Wireless Optus have announced an agreement for the provision of mobile communication services. The Seven Network, through its wholly owned subsidiary Mobility GSM Pty Ltd, has become an Optus mobile service provider. In time, MobilityGSM will operate nationally and provide a full range of telecommunications products and services, commencing … Read more

Cable & Wireless balloon attempts record today

22 February 1999, 9:00 am

While the Cable & Wireless challenge has been ready since December it has been hampered by weather and not having permission from the Chinese to fly over their territory. As a result this endeavour will attempt to complete the first global navigation without passing over Chinese Territory. Permission was withdrawn following the illegal entry into … Read more

Cable & Wireless Optus to Benefit from New Internet Link to Singapore

22 February 1999, 9:00 am

Cable & Wireless Optus internet wholesale customers are set to benefit from increased capacity between Australia and Singapore. An additional 4 Mbps link will be established under the Australia-Singapore IT Co-operation Memorandum of Understanding signed today by the Deputy Prime Minister of Australia, Mr Tim Fischer and the Deputy Prime Minister of Singapore, Mr Lee … Read more