Optus performance the standout at SingTel investor day

SingTel executives have portrayed a rosy picture of Optus’ enterprise and consumer businesses at a major investor day held in Singapore’s St Regis Hotel last week.

The day-long session incorporated presentations from the heads of SingTel’s various operating units in Thailand, India, Indonesia, the Philippines as well as Optus from Australia, represented by CEO Allen Lew.

Lew told investors and analysts that the addition of 454,000 postpaid additional subscribers last FY was the highest ever in the company’s history, while its $2.5b in EBITDA for the consumer business was also a record.

He also pointed to external validation for the company, saying it had ranked first in data experience in the P3 mobile survey. It had also ranked first in Opensignal’s 2019 survey of 4G availability.

“In FY20 we will continue to differentiate through our four pillars,” Lew told the session. “We go further to connect customers with exceptional network, value and service.”

SingTel’s group enterprise head Bill Chang outlined just how dominant the combined SingTel/Optus enterprise group is in the APAC market.

The group is no 1 for market share in both the APAC international IPVPN and international leased circuit markets. In IPVPN it has 21% of the market, way ahead of China Telecom on 7% and Orange on 6% while in leased circuits it has a 16% market share, ahead of PCCW on 11% and PLDT on 7%.

Overall the revenue mix of the group was transforming from legacy telco to ICT markets where it had a different set of competitors including IBM and Accenture.

Chang said the group’s vision was to be a “key enabler of smart cities and digital enterprise with deep capabilities.”