Optus, a privately owned company headquartered in Australia and part of the Singtel Group, was founded in 1992, employs approximately 10,550 individuals, and reported $6.1B in revenue as of 2024. The company specializes in telecommunications, providing mobile, telephony, internet, satellite, entertainment, and business network services to more than 10 million customers daily across Australia.

2024 Revenue

Founded

1992

Headcount

10,543

Headquarters

Australia

Primary Segment

Telecoms

Ownership

Privately Owned

News Summary:

The Singaporean parent company of Optus, Singtel, expressed deep regret on March 12 for the fatal triple-zero outage, with board director Gail Kelly apologizing at a parliamentary inquiry for the "tragic" failure that led to two deaths due to emergency calls failing to connect. Singtel also deflected questions regarding foreign ownership of critical infrastructure during the inquiry. Earlier on March 12, Optus’ parent company executives, appearing before a senate inquiry, emphatically denied making any ransom payments to hackers following the 2022 data breach that compromised millions of Australian customers' personal information. This follows Optus' announcement on March 11 of a new unified mobile platform designed to help supply chain and transport operators connect fragmented systems and enhance visibility across warehousing and last-mile operations, addressing pressures like higher operating costs and labor shortages in the sector. Previously, on March 11, Singtel board director Gail Kelly was expected to face a parliamentary inquiry concerning the September 18 fatal triple-zero outage, an event that lasted almost 14 hours, affected hundreds of calls, and was linked to two deaths from emergency call failures.

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Optus offers 10 products in the telecoms tech and media and telecoms services industries. Optus's product portfolio comprises of media and TV services, broadcast television and radio, consumer electronics, enterprise and telecoms software and telecoms.
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Optus's revenues were over $1B in 2024. Caretta Research has split Optus's revenue into 10 different product categories, the largest of which is mobile services. For full access to Optus's revenue breakdown subscribe to Caretta Portal.
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Examples of Optus's suppliers include Magnite, Skyline Communications and EI Towers.

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Optus currently holds 3 broadcasting rights for sports competitions including soccer | association football.

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