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Optus says financial impact from fires not material at moment

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Ng Ren Jye

Published Wed, Jan 8, 2020 · 09:50 PM

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    Singapore

    SINGTEL'S wholly-owned Australian subsidiary Optus on Tuesday said it does not expect the financial impact of the Australian bushfires to be material at this time.

    The situation has improved "significantly" from the weekend when 17 base stations were down, of which seven locations were confirmed as damaged due to fire, Optus chief executive Allen Lew said in a media statement.

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