Optus will continue to have momentum in second half of financial year: Singtel group CFO

Singtel-owned Australian telecom carrier Optus will continue to have momentum for the second half of its financial year, says Singtel’s group chief financial officer Arthur Lang. This is despite Optus being taken to court by Australia’s competition watchdog over allegations of engaging in misconduct in selling mobile phones and plans, particularly to vulnerable customers. Mr Lang tells CNA’s Elizabeth Neo that his firm’s 27 per cent growth in EBIT - earnings before interest and tax - excluding associate contributions, was driven partly by Optus. He says that the allegations are “localised” in a few shops, and that Singtel is in the process of remediating with customers Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia