Telco Soul will be one of the first
companies to provide broadband services on the back of Optus' new
In a statement to the Australian Stock Exchange, the two
telcos today announced they had signed an agreement under which
Soul and its subsidiary, mobile carrier B Digital, would get
access to Optus's new network as well as other data and
Optus is currently rolling out ADSL2+ hardware around the
nation, with the network eventually expected to cover 2.9 million
households and businesses.
Upon the network's initial launch a month ago, the SingTel
subsidiary said it expected wholesale services to be commercially
ready in the second half of this year.
Optus and Soul also extended an agreement under which B
Digital sells mobile phone services on the back of Optus's mobile
network. The new three-year agreement has a value of AU$100
million per annum, the two telcos said.
Today's deal is reflective of a closer relationship
between Soul and Optus. The pair could be seen as natural
partners due to Soul owning infrastructure primarily in regional
areas compared with Optus' solid metro coverage.
In association with five other telcos, just a week and a half
ago the pair launched a cooperative bid to upgrade the nation's