Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Optus and its parent SingTel have announced major changes to senior executive ranks.
Allen Lew will return to SingTel head office in Singapore by early 2006 after four years at Optus first as managing director, Mobile and, currently, as managing director, Consumer, to take up the newly created role of CEO, Singapore, reporting to group president and CEO Lee Hsien Yang. In his new role he will oversee consumer, corporate, and global businesses, and networks.
Warren Hardy will become acting managing director, Consumer, while Optus conducts an external and internal search for a permanent replacement, with an announcement expected in early 2006.
Optus CFO Pat O'Sullivan has tendered his resignation after three and a half years and will join PBL in a newly created role of chief operating officer. Jeann Low, who is presently SingTel executive vice president strategic investments, will become CFO of Optus in early 2006. She has worked at Optus, serving as acting CFO for several months in 2002. She has also been group financial controller of SingTel.
In addition to the new role off CEO Singapore, SingTel has create the role of CEO International and named Ms Chua Sock Koong to the position. She will continue in her current group CFO role.
These two and Optus CEO, Paul O'Sullivan will all report to Lee Hsien Yang, SingTel group president and CE who will assume a new title of SingTel group CEO. The new organisation structure will be implemented in February 2006. The current COO of SingTel, Lim Toon, will retire in early 2006 and his role will disappear under the new structure.
David Bass
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