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MacTel continues growth streak with data centre, cloud and security investments


Macquarie Telecom has continued its streak of revenue and earnings growth following investments in data centre, cloud and cybersecurity.
In the six months ended 31 December 2020, revenue grew 9 percent year over year to $143.6 million and EBITDA increased 15 percent to $36.4 million. Net profit after tax was $7 million, up 5 percent year over year.
The company said it represented the 13th consecutive half of reporting revenue and EBITDA growth, with all business units posting growth during the period.
“Our strategy of investing in data centres, cloud and cybersecurity continues to drive further shareholder value and ongoing returns and has resulted in thirteen halves of profitable growth,” MacTel chairman Peter James said. ....

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Business Scoop » Macquarie Telecom Delivers Thirteen Consecutive Halves Of Revenue And EBITDA Growth


Press Release – Macquarie
Macquarie Telecom Group Ltd (ASX: MAQ) (the Company) has announced its strong performance for the half-year ended 31 December 2020, in line with guidance. Chairman Peter James said, Our strategy of investing in Data Centres, Cloud and Cyber Security continues …
Macquarie Telecom Group Ltd (ASX: MAQ) (the Company) has announced its strong performance for the half-year ended 31 December 2020, in line with guidance.
Chairman Peter James said,
“Our strategy of investing in Data Centres, Cloud and Cyber Security continues to drive further shareholder value and ongoing returns and has resulted in thirteen halves of profitable growth”.
“Macquarie’s focus on customer experience was recognised by the “Best customer experience in the World” award by 60 international judges. Macquarie is the first Australian company to win this award in 22 years of the World Communications Awards in London”. ....

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Macquarie Telecom (ASX:MAQ) share price on watch with more growth in HY21


Macquarie Telecom (ASX:MAQ) share price on watch with more growth in HY21
Tristan Harrison | February 24, 2021 6:40pm |
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The
Macquarie Telecom Group Ltd.(ASX: MAQ) share price will be on watch tomorrow after the telecommunications business released its FY21 half-year result.
This is a diversified technology business. It generates earnings from data centres, cloud, cybersecurity and telecommunications. The clients are mid to large business and government customers.
How did Macquarie Telecom do in the FY21 half-year result?
Looking at the top line, revenue increased by 9% to $143.6 million.
All business units grew revenue. Macquarie Telecom said that it achieved particularly strong growth in cloud services and government. It also revealed that the data centres business has sold 10MW of IT load to a leading corporation. The company boasted that hosting revenue has grown revenue at a compound annual growth rate of 22.3% over the last three ye ....

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