Optus buries nasty for NBN Co in its annual results

Cost-cutting protects profit as management signals no rush to talk HFC handover

A strong – almost stunning – rate of 3G-to-4G conversion hasn't stopped Australia's number two mobile carrier Optus losing mobile customers to market leader Telstra, and only its rigorous cost-cutting has allowed the carrier to return a profit for FY 2013-2014.…

via The Register - Networks

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