COMPANY NEWS: Macquarie Technology today announced its results for the year ended 30 June 2024, which were in line with guidance.
Australian-listed Macquarie Technology Group (ASX: MAQ) has announced that its wholly owned subsidiary, Macquarie Data Centres Pty Ltd (MDC), has received confirmation from the Independent Planning Commission NSW that it has favourably determined MDC’s state significant development application for the construction of a third data centre at the Macquarie Park Data Centre Campus (IC3 SuperWest).
COMPANY NEWS: Macquarie Technology Group (ASX: MAQ) co-founders David and Aidan Tudehope have been awarded the Pearcey Medal and been inducted into the Pearcey Foundation’s Pearcey Hall of Fame for lifetime contributions to Australia’s ICT industry.
This year’s orator is David Tudehope CEO and Co-Founder of Macquarie Technology Group
GUEST EVENT: Each year, TelSoc hosts the Henry Sutton Oration in Melbourne to commemorate the distinguished but scarcely known Victorian scientist, engineer and inventor from Ballarat. Please join us for TelSoc’s Henry Sutton Oration for 2023 on Wednesday, 30 August.
Macquarie Technology Group, claiming to have maintained nine consecutive years of Ebitda growth, announced it is raising $130 million to expand its data centre business to leverage “fast-growing cloud and AI megatrends.”
GUEST OPINION: Following the release of the Federal Budget, tech CEOs and executives have shared their insights on how it will affect the tech sector in general.
Macquarie Telecom Group is considering changing its listed company name to Macquarie Technology Group to reflect the company’s evolution to become a digital infrastructure business with segments in cloud infrastructure, cyber security, data centres, and telecom.
Macquarie Telecom Group CEO David Tudehope believes the TIO report highlights systemic failures despite greater reliance on telco services and the industry doing incredibly well during the pandemic.
Macquarie Telecom Group has appointed the former head of the Australian Defence Force Information Warfare division, Maj Gen Marcus Thompson AM PhD, as part of its newly-established federal government advisory board.
Australian-listed Macquarie Telecom Group has been recognised as one of the top places to work in Australia in the annual global Best Places to Work List, for fostering an “inclusive workforce” and its Heartbeat customer service program.
Australian-listed Macquarie Telecom Group is trumpeting delivery of 13-consecutive halves of profitable revenue growth, wth the release of its results for the half year ended December 2020.
Communications and data centre provider Macquarie Telecom has expended its debt facility to $190 million with Australia and New Zealand Banking Group and Royal Bank of Canada to provide an additional $50 million of debt capacity.
The Critical Infrastructure Bill, introduced by the Minister for Home Affairs, Peter Dutton MP, will recognise telecommunications and data centres as critical national infrastructure for the first time.
Macquarie Data Centres expects to spend an additional $50 million and to create hundreds of new jobs as a result of a "significant customer win" following today’s announcement it has entered into a contract for the provision of approximately 10MW of capacity (IT Load) at its Macquarie Park Data Centre Campus.
Macquarie Telecom Group has suffered a 17.5% drop in net profit for the full year 2020, despite increasing revenue by 8% to $266.2 million for the year.
Telecommunications and data centre provider Macquarie Telecom has boosted revenue by 9% to $131.9 million for the half year to the end of December 2019, delivering what the company says is eleven halves of growth as it continues to invest in data centres cloud and security.
Telecommunications and data centre provider Macquarie Telecom Group is trumpeting the delivery of five successive years of profitable growth as it reports a 6% jump in 2019 full year revenue to $246.6 million from $233.6 million the previous year - but dampened by a 3% decrease in after tax net profit of $16.5 million compared to $17.0 million in 2018, due to depreciation.
Macquarie Telecom says it has achieved four successive years of strong profit growth, with its results for the full-year 2018 revealing net profit after tax was up 20% to $17 million from a profit of $14.2 million for the previous year.
Australian ecommerce and hosting solutions provider, eCorner, has signed a deal with Macquarie Cloud Services which it says will help it to stay competitive in the face of increasing competition from US ecommerce giants like Shopify.
Telecommunications and data centre provider Macquarie Telecom has announced the expansion of its existing Macquarie Park Intellicentre to a 43MW campus as part of its ongoing data centre consolidation and development.
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