Optus Profit "Disastrous"

From:
http://www.news.com.au/business/stor...21-462,00.html

"THE Australian arm of Singapore Telecommunications, Optus, suffered a 15
per cent drop in net profit for the third quarter as customers hung up on
fixed lines.
While operating revenue for Optus firmed 31 per cent, net profit fell 15 per
cent to $135 million compared to the corresponding quarter in the previous
year..."



Well what can I say, thank you Australia.

---

› See More: Optus Profit "Disastrous"

"Anthony Horan" <[email protected]> wrote in message
news:[email protected]...
> On Thu, 8 Feb 2007 11:12:36 +0900, Professor James Bell wrote:
>
>> While operating revenue for Optus firmed 31 per cent, net profit fell 15
>> per
>> cent to $135 million compared to the corresponding quarter in the
>> previous
>> year..."
>>
>> Well what can I say, thank you Australia.
>
> Well, from the sound of it, Australia loves them - revenue up *31
> percent*?

Revenue usually means squat. Profit fell.

> Hardly a failure in terms of customer satisfaction.

???

>

Michael <[email protected]> wrote
> Anthony Horan <[email protected]> wrote
>> Professor James Bell wrote

>>> While operating revenue for Optus firmed 31 per cent, net profit fell 15 per cent to $135
>>> million compared to the corresponding quarter in the previous year..."

>>> Well what can I say, thank you Australia.

>> Well, from the sound of it, Australia loves them - revenue up *31 percent*?

> Revenue usually means squat.

Wrong, its a pretty viable measure of use of their services.

> Profit fell.

Because their costs increased, most obviously with their
adsl rollout and the extensive enhancement of their mobile
network. Both of which may well take some time to deliver
enough increased revenue to pay for them.

>> Hardly a failure in terms of customer satisfaction.

> ???

If the revenue is up 31%, the customer satisfaction must be pretty decent.

Bet Telstra is seeing similar results with their CDMA/NextG operation too,
it just isnt visible because its such a small part of their total operation.

On Fri, 09 Feb 2007 17:16:44 +1100, Brendon wrote:

> Anthony Horan wrote:
>
> > The fact that they still made a loss
>
> Loss? Dunno where you get that from - they made a profit of $135m nett.
> I imagine you mean they had a drop in nett profit.

Indeed. And that's why me and the stock exchange go together as well as
humanity and John Howard :-)

Professor James Bell wrote:
> "THE Australian arm of Singapore Telecommunications, Optus, suffered a 15
> per cent drop in net profit for the third quarter as customers hung up on
> fixed lines.
>
> Well what can I say, thank you Australia.

Fantastic to hear you're confirming you hate Australia then given that's
a direct reduction in customers utilising Telstra fixed lines.

"Nole Boaday" <[email protected]> wrote in message
news:[email protected]...
> Professor James Bell wrote:
>> "THE Australian arm of Singapore Telecommunications, Optus, suffered a 15
>> per cent drop in net profit for the third quarter as customers hung up on
>> fixed lines.
>>
>> Well what can I say, thank you Australia.
>
> Fantastic to hear you're confirming you hate Australia then given that's a
> direct reduction in customers utilising Telstra fixed lines.

Who left the door unlocked at the insane asylum?

--
Kwyj.

"Nole Boaday" <[email protected]> wrote in message
news:[email protected]...
> Professor James Bell wrote:
>> "THE Australian arm of Singapore Telecommunications, Optus, suffered a 15
>> per cent drop in net profit for the third quarter as customers hung up on
>> fixed lines.
>>
>> Well what can I say, thank you Australia.
>
> Fantastic to hear you're confirming you hate Australia then given that's a
> direct reduction in customers utilising Telstra fixed lines.

Sorry, you read wrong.

OPTUSES customers are hanging up on fixed lines. That could be on their HFC
net or it could be on Telstra's PSTN lines.

Whether TELSTRA's customers are hanging up on fixed lines is a whole nuther
kettle of fish.

And what counts is REVENUE. Even if you drop your SIOs, if you increase
REVENUE, it doesn't matter.

2 x $10 is the same as 1 x $20.