Original article by Supratim Adhikari
The Australian – Page: 19 : 24-May-18
Optus has confirmed that it will discontinue the Virgin Mobile brand in Australia, as part of its strategy to reduce costs. The decision to scrap the brand will result in the closure of about 36 stores and the loss of 200 jobs. Meanwhile, the Federal Court has ordered Optus to pay a $A1.5m fine after it falsely advised broadband customers that they had just 30 days rather than up to 18 months to switch to the NBN when it became available in their area.
SINGTEL OPTUS PTY LTD, VIRGIN MOBILE (AUSTRALIA) PTY LTD, VIRGIN MOBILE HOLDINGS (UK) PLC, FEDERAL COURT OF AUSTRALIA, NBN CO LIMITED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AMAYSIM AUSTRALIA LIMITED – ASX AYS, THE KANTAR GROUP, TELSTRA CORPORATION LIMITED – ASX TLS