Optus adds 16,000 NBN customers

Optus’ operating revenue from fixed line services grew 6 per cent in the quarter ending 31 December, a result the telco attributed to growth in its National Broadband Network customer base and the take up of Optus TV.

Optus had 88,000 NBN customers at the end of Q3 — up 16,000 quarter on quarter — and a total of 1.04 million fixed line broadband customers.

At the end of 2015, there were a total of 736,000 active National Broadband Network services, NBN said in its recent quarterly results release.

The telco reported EBITDA of $685 million for the quarter, up 5.1 per cent on the prior comparative period.

The number of 4G customers grew to 4.45 million, which represents a 40 per cent year on year increase, the telco said.

Optus’ ‘4G Plus’ network reached 92 per cent of the Australian population as of the end of January 2016, the telco said.

“In the coming quarter, Optus will continue to strengthen and extend the reach of its 4G Plus network as it increases deployment across its 700MHz and 2600MHz spectrum holdings,” CEO Allen Lew said.

Optus walked away with a significant amount of the 1800MHz spectrum auctioned off by the Australian Communications and Media Authority.

“Following its recent acquisition of regional 1800 MHz spectrum, Optus now has more spectrum assets to expand its network and improve its 4G coverage for more Australians,” the Optus CEO said.

Copyright © 2016 IDG Communications, Inc.

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