HOCK LOCK SIEW
Can Optus retool as an enterprise player?
Add BT as a preferred source
A RECENT ratings downgrade for Singtel's Australian unit Optus highlighted the challenges the company faces in the consumer space.
But there is room for it to grow its enterprise services - and momentum is in fact building on this front.
In lowering Optus's issuer rating to "A3" in January, Moody's Investors Service noted several "industry headwinds": lower retail fixed margins, lower broadband migration payments, and lower equipment sales.
TRENDING NOW
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects
E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement
Employers want AI-fluent employees. Hiring them is the challenge
