Feeds

Cloud now top of Mac Tel’s list

Bit-pipe no more

Reducing security risks from open source software

Macquarie Telecom is increasingly positioning itself as a cloud provider first, telco second, noting in its annual results released yesterday that it has an ongoing program to redeploying telco resources to support growth in its hosting business.

Announcing that its hosting revenue was more than $AU53 million yesterday on growth of 20 percent year-on-year, the junior telco also announced a drop of 9.3 percent in telco revenue.

Hosting now represents 24 percent of Macquarie’s overall revenue, the company said, and as Australia’s National Broadband Network (NBN) rolls out, it expects continuing growth in cloud opportunities.

While the hosting business’ profits fell by 4.2 percent compared to 2009-2010, this was due to its ongoing capex in the segment. That investment is to continue, with more than $AU47 million of the company’s $AU60 million budget for its under-construction Intellicenter 2 data centre scheduled for the 2012 financial year.

Macquarie Telecom attributed its falling voice revenue to intense price competition, and substitution of fixed services by both mobile and IP-based voice services. The company says cost control measures in the voice business will maintain profitability while it pursues growth in the cloud.

The fall in voice revenues, however, also drove a fall in overall revenue by 3.6 percent, which roughly matched the company’s 3.7 percent decline in share price yesterday following the results announcement. ®

Mobile application security vulnerability report

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.