Macquarie Telecom has revealed its plans to bring public cloud capability to its current hybrid cloud offering.
The telco revealed the plans in its FY19 financial results (pdf) released overnight, but declined to provide further details. A MacTel spokesperson told CRN the plan is part of its “investment in megatrends”, with cloud being part of it.
MacTel’s hosting segment — which includes hybrid IT, data centres, security and secure cloud — remains the company’s fastest growing in terms of revenue, and is also seeing the most investment.
“Macquarie’s profitable growth has enabled us to invest across our four business units,” chief executive David Tudehope said in the results announcement.
“The success of our private cloud and cyber security services underpins our hosting revenue and profit growth.”
Total revenue for the year ended 30 June 2019 was $246.6 million, a 6 percent increase from the previous year. The hosting business contributed $110.6 million, a 16 percent rise, while the telecom segment was stagnant at $140.8 million.
While net profit after tax declined 3 percent to $16.5 million due to increased depreciation costs, it represented five straight years of profitability.
In addition to public cloud, MacTel is also looking to invest further in its expansion plans in Canberra and its overall cloud platform. The telco segment will also invest more in SD-WAN and a core network upgrades.
The company also revealed that its IC3 East data centre within its Macquarie Park campus in Sydney has been delayed from the first half of 2020 to the second half due to planning and approval delays.