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Full Version: Optus outage cost $61m parent Singtel reveals..
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"Optus outage cost $61m parent Singtel reveals crying

Feb 23, 2024 – 12.31pm

Optus’ national phone and internet outage in late 2023 and currency fluctuations have been blamed for falling profits at telecommunications group Singtel, which disclosed the fiasco cost it $61 million.

Using actual currency rates, Optus’ revenue slid 5.4 per cent in the three months to December 31, while earnings before interest, tax, depreciation and amortisation dropped 1.8 per cent to $S465 million ($528 million.) Using constant currencies, December"
https://www.afr.com/companies/telecommun...20December