Telstra Corporation Limited is looking at options of reselling fixed wireless and satellite broadband services by the NBN Co. According to David Thodey, Chief Executive of the Australian telecom operator, Telstra will be doing a trial on the fixed wireless NBN service. Thodey announced in a meeting with investors they plan to launch them by the middle of next year.
Aside from possible agreements with the NBN, Telstra also explained its plans for the acquisition of Adam Internet. The company is planning to launch a low-cost brand similar to Jet Star but the time is not yet right. The company’s Chief Financial officer, Andy Penn, explained that buying the brands was a low-cast alternative to starting a new one.
Telecom Inventory suggests you read:
Despite falling revenues, Macquarie Telecom still has its sights on the business end of the National Broadband Network’s market. The company has implemented strict cost control policies, as well as automation technology to deliver a record net profit after tax, but revenue of the telco still dropped to $160.3 million, a 7.7% slump amidst increased competition.
Macquarie telecom is instead looking at the NBN market to help control its falling revenues.
Chris Grieg, group executive of Macquarie Telecom’s telco business, told Computerworld Australia:
People don’t buy the NBN for the pleasure of buying the NBN and we sense there’s a perfect storm going on between the rollout of the NBN and the increased digital economy and the need for hosting-type services and a growing mobility message. It’s really in the transaction of those three elements that Macquarie is going to be playing.
Read more about the telco’s plan at Computerworld Australia
You might also be interested in reading:
by Alex Zaharov-Reutt via IT WIRE
Telstra’s original T-Hub was a pathetic piece of digital crud compared to the brand new Android-powered Google Play-enabled T-Hub 2, with Tesltra finally launching a tablet and landline DECT phone combo that’s worth having.
Telecom Inventory reads
IN THESE uncertain times any stock should do well that has a decent dividend yield and earnings that aren’t tied to people buying expensive but non-essential items on the basis of increasing property values.