Optus looking to sacrifice Virgin Mobile, report suggests

A report from The Australian suggests that Optus is looking for its subsidiary network, Virgin Mobile Australia, to save costs and consolidate its business.

The mobile network typically focused on young people. It became popular due to its cheap plans and the early adoption of heavy data offers, but considering that Optus is currently paying Virgin Mobile UK for its brand license, the migration of Virgin Mobile Australia customers to Optus would make financial sense.

The consolidation rumored to potentially give Optus a greater advantage against growing rivals such as TPG, which now has the infrastructure to establish its own mobile network, before the anticipated implementation of 5G.

Public Relations for Virgin Mobile has responded to The Australian by directing them to Optus & # 39; PR and stating that "they have no change to announce today" and that "they do not comment on rumors and speculation".