Feeds

Mac Tel money in the clouds

Hosted services drive earnings upgrade

Top 5 reasons to deploy VMware with Tegile

Listed carrier Macquarie Telecom has added $5 million to its earnings forecast for the year ended December 2010, attributing the upswing to the performance of its hosted services division.

In an announcement issued to the Australian Stock Exchange yesterday, the company said its half-year earnings are likely to be around $20 million, compared to previous guidance that indicated earnings of between $15 and $17 million.

Growing “selective outsourcing” was adding to the company’s high-margin hosting business, according to CEO David Tudehope. He noted that external factors such as accelerating Internet speeds was making hosted services more attractive to a wider range of Macquarie’s business customer base.

Tudehope also expressed an optimistic view of the future, saying that the “emergence of cloud computing … will increase this trend”.

As reported last week, Macquarie Telecom recently launched a new cloud-based service. ®

Beginner's guide to SSL certificates

More from The Register

next story
It's Big, it's Blue... it's simply FABLESS! IBM's chip-free future
Or why the reversal of globalisation ain't gonna 'appen
'Hmm, why CAN'T I run a water pipe through that rack of media servers?'
Leaving Las Vegas for Armenia kludging and Dubai dune bashing
Microsoft and Dell’s cloud in a box: Instant Azure for the data centre
A less painful way to run Microsoft’s private cloud
Facebook slurps 'paste sites' for STOLEN passwords, sprinkles on hash and salt
Zuck's ad empire DOESN'T see details in plain text. Phew!
CAGE MATCH: Microsoft, Dell open co-located bit barns in Oz
Whole new species of XaaS spawning in the antipodes
AWS pulls desktop-as-a-service from the PC
Support for PCoIP protocol means zero clients can run cloudy desktops
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.