Abstract: Optus half year results (April to September) were published this week. Optus mobile revenue growth is behind the market, with a strong ARPU performance being offset by slow growth in connections, possibly a delayed reaction to concerns about the Optus network post-outage. The picture for consumer fixed services is similar. The prime area of softness is the troubled enterprise segment, where lower sales of equipment and of satellite services saw a big drop in revenue. This suggests that rising satellite competition is now biting, and it is only set to get worse.