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Optus Investigates Triple Zero Call Failures After Network Upgrade

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Optus Investigates Triple Zero Call Failures After Network Upgrade

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An update from Singtel ( (SG:Z74) ) is now available.

Optus, a telecommunications company, experienced a technical failure during a network upgrade that impacted Triple Zero emergency calls in South Australia, the Northern Territory, and Western Australia. The failure, which has since been rectified, resulted in several customers being unable to reach emergency services, and tragically, three calls involved households where a person passed away. Optus CEO Stephen Rue has apologized for the incident and announced an immediate investigation, pledging full cooperation with government agencies and transparency in sharing the investigation’s findings.

The most recent analyst rating on (SG:Z74) stock is a Buy with a S$4.86 price target. To see the full list of analyst forecasts on Singtel stock, see the SG:Z74 Stock Forecast page.

More about Singtel

Average Trading Volume: 22,238,826

Technical Sentiment Signal: Buy

Current Market Cap: S$71.79B

Find detailed analytics on Z74 stock on TipRanks’ Stock Analysis page.

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