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THE MARKET

The Australian telecommunications market

continues to be a dynamic and fast paced

industry and has never been more fiercely

contested with consumers enjoying many

benefits especially inmobile and broadband

markets.

As the champion of competition Optus

continues to deliver strong results in a

challenging market, with innovative

telecommunications packages and by

creating a range of products for the home,

business, corporate and government and

wholesale sectors.

Optus continues to challenge and push

for sustainable growth by leading the market

in innovation: providing new ways to use

technology coupled with better service and

convenience.

Optus has invested overA$10 billion in network

and infrastructure and has led innovation with

breakthroughs such as the development of TV on

your mobile, the Optus Zoo portal and Optus

Wireless Connect card.

ACHIEVEMENTS

Mobile continues to be a focus within the company

and the Optus mobile digital network continues to

expand every year and now connects more than six

million customers. However the growth of Optus

goes beyond its 2G and 3Gmobile network.

Over the past couple of years Optus has

continued to invest in state-of-the-art

infrastructure, including its Unbundled Local Loop

network, D-series satellites, Internet Protocol (“IP”)

core, as well as its customer care systems to

enhance the customer

experience.

As convergence

between broadband

and

mobile

technology continues,

Optus is ensuring

consumer’s needs are

met by upgrading its

mobile network to

deliver data services

using High Speed

Downlink Packet

Access (HSDPA).

This

investment

ensures that Optus

can offer more leading

edge products and

services.

Optus continues to deliver high speed

broadband internet services, telephony and

subscription television from its own HFC network

as well as rolling out itsADSL2+ exchanges via the

Unbundled Local Loop (ULL) through the

incumbent’s copper network, across the country

bringing competitive services to more customers.

Optus is Australia’s only satellite owner and

operator with over twenty years experience

delivering satellite services across the length and

breadth of Australia.

Optus expanded its fleet in October 2006 with

the launch of the D1 satellite, the first of the latest

generation Optus D-series satellites – providing

fixed communication

and direct television

broadcast services to

Australia and New

Zealand.

Optus’D2 satellite

is expected to be

launched later this

year and a third D-

series satellite is set

to be delivered in

2009.

HISTORY

Optus commenced

operations in 1992,

winning the second

carrier licence to

become the first private sector company to

challenge Telstra’s monopoly on Australian

telecommunications.

In 1998, Cable & Wireless PLC, who had

been a significant shareholder ever since the

company started, became the majority

shareholder. On November 17 of that year,

the company was listed on the Australian

Stock Exchange as Cable &Wireless Optus

Limited.

In2000,Cable&WirelessPLC’s long term

strategy had shifted away from supplying

broad based telecommunications

products and CWO was therefore no longer

a core business.

OnSeptember 2001, SingTel, theSingapore-

based Asia Pacific regional communications

leader, became the new owner of Optus and

announced that the company would continue to

trade in Australia under the Yes Optus banner.

Today, Optus continues to contribute as a

significantmember ofAsia’s leadingcommunication

company. SingTel and Optus now jointly provide

the global reach and scale, excellent quality and

range of services, reliability as well as stability for

customers.

THE PRODUCT

Optus provides services to over six million

Australian customers every day, providing

telephony, mobile, high speed internet, data

communications, subscription television and

satellite services.

Optus continues to strongly challenge other

mobile operators for market leadership. As mobile

penetration approaches 100 per cent saturation

Optus continues to defend its market position by

increasing its mobile subscriber base to over six

million. Mobile data continues to grow with the

launch of 3G and text messages continue to be an

area of growth especially with the youth market.

What’s more, Optus is committed to the

continuous improvement of coverage, call quality

and data transmission. As mobile and data

technology merge and the convergent revolution

takes place, Optus is positioned to lead customer

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