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

2024 Revenue

Founded

1981

Headcount

10,543

Headquarters

Australia

Primary Segment

Telecoms

Ownership

Privately Owned

News Summary:

Optus launched "FutureFit: Cybersecurity" on April 29, a series of free digital workshops for Australian small businesses designed to address cyber awareness, a primary concern for these businesses. Previously, on April 27, Kelly Bayer Rosmarin, Optus's former chief executive whose tenure was marked by significant corporate crises, including a major 2022 cyberattack that compromised millions of customer records, began a new venture as an AI start-up founder. Earlier in April, Optus, alongside Telstra and TPG Telecom, expressed frustration over a consumer survey finding that one in 10 Australians reported being unable to connect to Triple Zero (emergency services) in the past year, prompting the telco regulator to request the full survey data. This follows an April 21 report from the Australian Communications and Media Authority (ACMA) highlighting that Optus, Telstra, TPG Telecom, and Superloop are increasingly integrating AI into core operations, spanning customer service, workforce tools, network security, and infrastructure management.

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Optus offers 10 products in the telecoms tech and media and telecoms services industries. Optus's product portfolio comprises of telecoms, enterprise and telecoms software, media and TV services, consumer electronics and broadcast television and radio.
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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 Skyline Communications, Magnite and EI Towers.

Example Suppliers

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

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