Posts Tagged ‘Optus’

ASX Company News: Optus Secures Agreement For High Speed Broadband Customers

Friday, June 24th, 2011

Optus (SGT) announced that it had reached a landmark agreement with NBN Co on the migration of its Hybrid Fibre Coaxial Cable (HFC) customers to the National Broadband Network (NBN). Under the agreement, Optus will begin the progressive migration of its customers to the NBN once the network is rolled out in an area and is ready to provide services to customers currently served by Optus’ HFC network. Optus estimates the total value of the agreement as approximately A$800 million on a post tax net present value basis, with HFC customers migrated to the NBN following deployment of the network in HFC serving areas in accordance with the anticipated timetable. Payment will be received progressively on migration. Optus and NBN Co expect that the initial migration of customers to NBN infrastructure will commence in 2014. The program is expected to take up to four years to be completed across Optus’ entire HFC footprint. Optus will continue to supply services to customers using its HFC network until the NBN is built and customers have been migrated.

Paul O’Sullivan, Optus Chief Executive said, “Optus was born in competition. This deal supports the NBN to create a level playing field for all telcos. Australian consumers will be the winners. “This agreement represents a fair deal for Optus. We intend to use the NBN to turbo-charge competition and to deliver the full potential of a 21st century digital life to customers,” Mr O’Sullivan said. Mike Quigley, NBN Co Chief Executive said, “A definitive agreement with Optus, Australia’s second largest ISP, represents a significant step in the journey towards a true level playing field for retail broadband services”.

www.optus.com.au

http://www.traderdealer.com.au/Fundamentals/sgt

Post to Twitter

Tags: , , , , , ,
Posted in ASX Company News | No Comments

ASX Company News: Australasia Consolidated Secures Telechoice Contract

Sunday, May 22nd, 2011

Australasia Consolidated Limited (AAO) is pleased to announce that Emerchants Ltd has secured a major new contract with Telechoice, the largest Optus dealer in Australia. AAO recently announced an agreement to acquire 100% of Emerchants, the leading player in the pre- paid financial cards market in Australia. AAO also announced a capital raising of $10 million on which it has received broker firm commitments. Telechoice is the number one Optus dealer in Australia, offering mobile phone, internet and telecommunications products with over 300 stores located around the country. Emerchants has successfully secured a 3 year contract with Telechoice which is expected to issue over 350,000 pre- paid financial cards in the first year to form part of their Incard 24/7 program. The unique functionality of the Emerchants card will provide consumers with the ability to recharge their pre-paid mobile phones with an SMS. The flexibility of the technology also enables Telechoice to restrict the expenditure of the cards for taxi and mobile phone purposes only.

Australasia Consolidated Limited Managing Director Bob Browning was very pleased to announce contract win on behalf of Emerchants. ”This is a major development for the Emerchants business, not only because Telechoice is such a large retailer and the contract is significant in size but also because it demonstrates the unique capability of Emerchants’ technology,” Mr Browning said. “Emerchants has advanced technology in the pre-paid financial cards market and it is this technology that allows customers such as Telechoice to offer Point Of Sale (POS) and real cash promotional rebates to their customers. “Telechoice was attracted to these unique features and sees it as a very powerful promotional tool to drive sales not only in their own stores but also into their partner organizations.

Australasia has an agreement to acquire Emerchants, the market leading provider of pre-paid financial cards with 28% market share in Australia. Australasia is focused on the twin goal of delivering high quality payment systems to its customers and superior returns to its shareholders. Emerchants is Australia’s leading provider of pre-paid financial cards with a number of high profile clients including NRMA, Cabcharge, Edge Loyalty, Tru Energy, Save the Children, Bayer, Cardno, Monodelphous, ABC Learning, Palace Cinema and Harley Davidson. Emerchants has established a proven payments platform that provides customers with a unique combination of flexible payments, high levels of security and unprecedented levels of reporting and oversight. Emerchants has ‘market ready’ technology that has been established over the last 9 years that is fully scalable to support significant volume growth and is fully integrated into the EFTPOS system.

www.australasiaconsolidated.com.au

http://www.traderdealer.com.au/fundamentals/aao

Post to Twitter

Tags: , , , , ,
Posted in ASX Company News | No Comments

Optus Launches New Satellite

Tuesday, August 25th, 2009

Optus announced today that Australia’s latest state-of-the-art satellite, Optus D3, was successfully propelled into orbit following an impressive lift-off from French Guiana.

Paul O’Sullivan, Optus Chief Executive said, “What an exciting day for Australia. This morning we witnessed the spectacular rocket launch of Optus’ newest satellite, Optus D3. “Optus launched Australia’s first satellite almost 25 years ago and we continue to fly the country’s satellite fleet today. As the only Australian telco to own and operate satellites, Optus is the leading provider of satellite services across Australia and New Zealand. “Satellite makes sense for the nation. Optus satellite reaches all corners of the country delivering subscription television, free-to-air TV, voice, internet and radio services making it an important source of news and entertainment for the entire population.”

The Optus D3 satellite will expand Optus’ satellite fleet capacity by more than 30 per cent, provide an in-orbit redundancy capability and marks the first use of the Broadcast Satellite Service (BSS) spectrum in Australia. The BSS band will allow Optus’ broadcast customers to increase their delivery of the next generation of digital and high definition television to the home.

Kim Williams AM, Chief Executive, FOXTEL said, “FOXTEL is delighted Optus’ D3 satellite has successfully launched. Once successful testing is complete over the coming months, the new satellite will empower us to offer our customers even more choice, new services, increased flexibility and even greater value. “The next generation of FOXTEL digital will offer customers 30 additional channels, including 10 additional HD channels, enhanced navigation features, and significantly more interactive and ondemand features,” Mr Williams added.

www.optus.com.au

Post to Twitter

Tags: , ,
Posted in ASX Company News | No Comments

Optus Wins $186 million ATO Contract

Thursday, June 18th, 2009

The Australian Taxation Office  today awarded Optus (SGT) a managed network services contract worth $186.5 million (exc. GST) over four years. The contract, which was awarded following a competitive tender, represents the largest contract win to date for Optus in the Federal Government sector. Under the terms of the contract, Optus will provide managed network services, including data and voice carriage, telephony, wide and local area networks, video conferencing and call centre infrastructure and services.

John Simon, Managing Director, Optus Enterprise and Business Group said, “Optus has a long history of working with Federal Government agencies, such as Medicare Australia and the Department of Immigration and Citizenship, on the implementation and management of large-scale IP-based networks and systems. “The awarding of this contract confirms confidence in our ability to deliver value, innovation and superior service to major government agencies as well as our vast experience in the deployment of IP technologies. By implementing the latest generation of application-aware IP networks in Optus Evolve, combined with the integration of specialist IP contact centre functionality, the ATO will be able to deliver a broader range of services to the community in a more cost effective and efficient manner. We look forward to working with the ATO and assisting them in providing an even greater level of service to their constituents through the use of IP-based technologies,” Mr Simon said.

Optus will also implement and manage a new application-aware IP network to more than seventy ATO offices utilising the Optus Evolve network. Optus Evolve will provide the ATO with increased flexibility for the delivery of IP-based services, including IP telephony, which will be delivered to more than 23,000 ATO employees nationally. In addition, Optus will manage the implementation of an IP contact centre solution which will allow the ATO to better manage resources and skills across its contact centres nationally by merging them into a single ‘virtual’ contact centre that will use a network queuing platform to distribute calls across the national contact centre network. This centralised ‘virtual’ contact centre will provide the ATO with the flexibility and scale it requires to respond quickly and efficiently to Government initiatives.

www.optus.com.au

Post to Twitter

Tags: , , ,
Posted in ASX Company News | No Comments

Optus wins a major ANZ contract

Tuesday, May 5th, 2009

Optus has won a $500 million contract with ANZ, challenging Telstra s dominance in the field of providing telecommunications services to the big four banks.

Under the 5-year deal Optus parent company SingTel will provide new network infrastructure for ANZ operations in 30 countries across the Asia Pacific, including Australia and India.

In doing so, SingTel will become the ANZ s exclusive telco provider, ousting Telstra, whose existing contracts with the bank are valued at around $30 million a year.

For the ANZ, the project forms part of the bank s push to expand into Asia.

For more info, read this article in The Australian

Codes for your watchlist

  • Telstra: TLS.AX (ASX)
  • ANZ Bank: ANZ.AX (ASX)
  • Singapore Telecommunications: SGT (ASX); STEL (SGX)

Post to Twitter

Tags: , , , , , , , , ,
Posted in ASX Company News | No Comments

Vodafone and Hutchison merge to challenge telco market

Tuesday, February 10th, 2009

Vodafone Australia and Hutchison 3 are set to merge, creating Australia s third-largest mobile operator.

The new competitor, to be called VHA Australia, will be a stronger challenger to Optus, currently the second-largest operator behind Telstra.

Products and services will be marketed under the Vodafone brand, will have around 6 million customers and revenue of around $4 billion.

Hutchison s Chief Executive has signalled the merger requires synergies which will result in an unspecified number of job losses and potentially store closures.

However, an article in today s Sydney Morning Herald suggests the cost cutting advantages of the merger may be compromised by a tangle of network sharing arrangements between Vodafone, Hutchison, Optus and Telstra.

Stocks for your watchlist:

  • Hutchison Telecommunications: HTA (ASX)
  • Telstra: TLS (ASX)
  • Singapore Telecommunications: SGT (ASX); STEL (SGX)

Further info:

 

Post to Twitter

Tags: , , , , , , , , , , , , ,
Posted in ASX Company News | No Comments