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Home > Company Index > Telecommunications > Wireless Communications Services > Cable & Wireless Optus Limited

Cable & Wireless Optus Limited
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 PROFILE
Cable & Wireless Optus is Australia's #2 telecommunications carrier behind former monopoly Telstra. The company provides mobile phone services to more than 3 million customers. Its cable network offers business and consumer services, including cable TV, data transmission, Internet access, and phone services via cable. Optus operates hybrid fiber coaxial (HFC) rings connected by a fiber-optic backbone cable in order to provide wholesale carrier, multimedia, and satellite services. The company also owns a GSM (global system for mobile communications) digital wireless network. The UK's Cable and Wireless has announced plans to sell its 53% stake in the company, and Singapore Communications has offered to buy Optus.

 COMPETITION
AAPT Limited (AAP)
Telstra Corporation Limited (TLS)
Vodafone Group PLC (VOD)

 DEALS
Deal: C&W Acquires Digital Island for $340 Million
Date Announced: 05.14.01
Value of transaction (US $Mil): Not Disclosed
Description: Global telecom giant acquires Internet infrastructure services provider for $340 million, including $49 million in net debt.

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 2,619.00
1-Yr. Sales Growth: 67.4%
Employees: 8,190
Revenue per employee: $319,780.22

 KEY PEOPLE
• Christopher J. Anderson
    CEO
• J. Norman Gillespie
    CFO

 CONTACT INFO
101 Miller St.
North Sydney 2060, Australia
Phone: 61-2-93427800
Fax: 61-2-93427100
Online: Web Site

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