Feeds

Mac Tel money in the clouds

Hosted services drive earnings upgrade

Internet Security Threat Report 2014

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. ®

Internet Security Threat Report 2014

More from The Register

next story
Azure TITSUP caused by INFINITE LOOP
Fat fingered geo-block kept Aussies in the dark
You think the CLOUD's insecure? It's BETTER than UK.GOV's DATA CENTRES
We don't even know where some of them ARE – Maude
Want to STUFF Facebook with blatant ADVERTISING? Fine! But you must PAY
Pony up or push off, Zuck tells social marketeers
Oi, Europe! Tell US feds to GTFO of our servers, say Microsoft and pals
By writing a really angry letter about how it's harming our cloud business, ta
SAVE ME, NASA system builder, from my DEAD WORKSTATION
Anal-retentive hardware nerd in paws-on workstation crisis
Astro-boffins start opening universe simulation data
Got a supercomputer? Want to simulate a universe? Here you go
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
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?
Simplify SSL certificate management across the enterprise
Simple steps to take control of SSL across the enterprise, and recommendations for a management platform for full visibility and single-point of control for these Certificates.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.