Telstra CEO confirms customer bump after Optus outage

Telstra CEO confirms customer bump after Optus outage

JPMorgan forecasts Telstra could gain up to $125 million in earnings over the next few years. JPMorgan analyst Mark Busuttil said more customers were likely to switch from Optus due to the service outage than had fled after last year’s data breach because the cyberattack had not caused any loss of service. “It’s early days. … Read more

Optus finally makes call on cause of outage chaos

Optus finally makes call on cause of outage chaos

A 12-hour outage on Wednesday left 10 million individuals and businesses unable to make or receive calls or complete transactions. The company said in a statement on Monday the cause was now known and steps had been taken to ensure it won’t happen again. “At around 4.05am Wednesday morning, the Optus network received changes to … Read more