Optus has posted a 5 per cent fall in quarterly profit, describing the result as "resilient" amid intense competition.
Apart from a one-off cost due to workforce restructuring, Optus says that underlying profit was up 2.5 per cent at $174 million on a 3 per cent rise in operating revenue.
Earnings were 1 per cent higher in the quarter. Full story
Related:
Optus posts 5 pct fall in Q1 profit - Ninemsn.com.au
Optus posts first-quarter profit drop - The Sydney Morning Herald
Optus Q1 earnings dip - Business Spectator