Singtel-owned Optus names broadband network boss Stephen Rue as new CEO

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Singtel-owned Optus names broadband network boss Stephen Rue as new CEO
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Singapore Telecommunications' Australian unit Optus said on Monday it had appointed Stephen Rue as its new CEO, nearly half a year after former boss Kelly Bayer Rosmarin resigned following a massive network outage.

Singapore Telecommunications' Australian unit Optus said on Monday it had appointed Stephen Rue as its new CEO, nearly half a year after former boss Kelly Bayer Rosmarin resigned following a massive network outage.

The announcement comes at a time when market speculation is rife that Singapore Telecommunication is looking to sell part of entire stake in Optus. The Singapore firm has denied the speculation multiple times. Rosmarin resigned just weeks after, cutting short a more than three-year tenure that was also marred by one of Australia's largest data breaches.

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