No. 1 Story
ACCC clears Optus to scrap HFC network and use NBN instead
The ACCC has cleared, provisionally, the proposed deal between Optus and NBN Co under which Optus is to be paid around $800m to shut down its HFC network and transfer customers onto the NBN. read moreSouthern Cross Telco moves into high street marketing
Stuart Corner
Tuesday, 18 October 2005 15:08
The company, a subsidiary of ASX listed Orion Telecommunications resells Telstra and Optus fixed line services and Telstra GSM and CDMA cellular. It has hitherto marketed exclusively by direct telesales. It has also operated areferral service for Internet services provided by Pacific Internet but is moving to reselling these under its own brand name.
The company was established in 1994 as QAI Australia, sold to NTT Australia then bought back by some of its original shareholders through US based Newtel and subsequently listed as Orion Telecommunications which now owns several overseas operations originally owned by Newtel. Southern Cross is the largest subsidiary. Other operations in Ireland, Spain and the UK have about 20,000 subscribers in total. Southern Cross has 51,000 and annual revenues of about $44 million.
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