Singtel says Optus CEO needs time to fix issues after emergency call outages [Yahoo! Finance Canada]
SINGAPORE TELECOM S/ADR (SGAPY)
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Source: Yahoo! Finance Canada
carrier, the boss of its parent Singapore Telecommunications, who is in Australia to confront the fallout from outages of its emergency call services, said on Tuesday. The back-to-back outages, which happened less than two weeks apart, follow a string of other high-profile failures at Optus including a nationwide outage and data breach, which have intensified scrutiny of the carrier's governance and management. Singtel CEO Yuen Kuan Moon, who was summoned from Singapore to meet with Australian authorities, said it would take time for Optus CEO Stephen Rue to transform the No. 2 Australian telecoms firm. “We brought in Stephen 11 months ago to transform Optus, to really address the issues that we had since 2022-23,” Yuen told reporters in Sydney after a meeting with Communications Minister Annika Wells. “It is very early days. It takes time to transform a company.” Singtel is a unit of Singapore state investor Temasek Holdings. The latest disruption on Sunday, caused by a f
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