Optus ends its year on a sour note

The full-year numbers from Optus are encouraging, so long as the net profit slide in the fourth quarter proves to be an aberration.

At first glance, Optus’ full-year results to March 31 perfectly conform to the strategy that its former chief executive, Kevin Russell, set out for it. There was, however, a discordant note.

Russell, who quit the role earlier this year after less than two years in the job, prioritised quality over quantity.


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