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VIRTUALISATION Macquarie Telecom delivers strong half year result
VIRTUALISATION Macquarie Telecom delivers strong half year result | Macquarie Telecom delivers strong half year result |
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| by Stuart Corner | |
| Thursday, 26 February 2009 | |
  
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CEO David Tudehope said: "Our Hosting business has firmly established itself as the market leader in mission critical application hosting." Major new customers signed during the half included Cricket Australia and Global Red. Macquarie claims that a third of data and hosting revenue comes from corporate & government clients. It claims also that its hosting success has been "driven by thought leadership around. green IT, enterprise server virtualisation accredited security." Despite a 9.0 percent decline in voice revenues to $61.1m, the company was able to almost double voice EBITDA to $8.9m. It said that voice's share of opex had been reduced and resources re-allocated to the data and hosting business to support future growth. It also managed to achieve a substantial ($5.8m) reduction to $76.2m in its biggest expense item, carrier costs. Mobile revenues were steady at $14.7m.
This article first appeared in ExchangeDaily, iTWire's daily newsletter for telecommunications professionals. Register here for your free trial.
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