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. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
NSA SOURCE CODE LEAK: Information slurp tools to appear online
Now you can run your own intelligence agency
Azure TITSUP caused by INFINITE LOOP
Fat fingered geo-block kept Aussies in the dark
NASA launches new climate model at SC14
75 days of supercomputing later ...
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Cloud unicorns are extinct so DiData cloud mess was YOUR fault
Applications need to be built to handle TITSUP incidents
BOFH: WHERE did this 'fax-enabled' printer UPGRADE come from?
Don't worry about that cable, it's part of the config
Stop the IoT revolution! We need to figure out packet sizes first
Researchers test 802.15.4 and find we know nuh-think! about large scale sensor network ops
SanDisk vows: We'll have a 16TB SSD WHOPPER by 2016
Flash WORM has a serious use for archived photos and videos
Astro-boffins start opening universe simulation data
Got a supercomputer? Want to simulate a universe? Here you go
prev story

Whitepapers

Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
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?
Protecting against web application threats using SSL
SSL encryption can protect server‐to‐server communications, client devices, cloud resources, and other endpoints in order to help prevent the risk of data loss and losing customer trust.