0442 GMT - Optus's mobile price rises are positive for its Australian rivals' postpaid operations, Jarden analysts say. They think that the A$3/month hike imposed by Singapore Telecommunications-owned Optus across most of its postpaid plans will help both Telstra and TPG Telecom. They observe that TPG has gone more than 12 months without raising prices in an attempt to compete on value. As for Telstra, they expect price rises late in the current fiscal year to support a modest lift in fiscal 2026 average revenue per postpaid user. The Jarden analysts point out in a note to clients that mobile industry returns remain, in their view, sub-economic. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
April 08, 2025 00:42 ET (04:42 GMT)
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