Optus lifts mobile pricing, analysts see more to come

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It leaves TPG the last to lift prices in response to inflation, but analysts think the No. 3 telco will wait a bit longer before following the lead of its rivals.

Optus has lifted prices on some mobile plans for existing users by up to 10 per cent, and analysts think it could raise pricing on others before year’s end, because of inflationary pressures and greater investment in its network.what Telstra implemented

“From here, as we previously outlined, we still expect Optus in-market pricing will likely be increased by the end of calendar year 2022,” Goldman Sach’s analyst Kane Hannan said. Goldman Sachs analyst Kane Hannan said the price increase was a “positive sign supporting a rational mobile market”, but pointed out the legacy price points still do not match what Optus is offering in-market.

 

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