US giant CenturyLink aims to take down Telstra in cloud computing
April 27, 2015
Grazed from AFR. Author: David Ramli.
One of the United States’ biggest telecommunications companies, CenturyLink, has attacked Telstra on its home soil by launching its popular cloud computing services in Australia. CenturyLink has a market capitalisation of $US20.51 billion ($26.18 billion) and is the third-largest telco in the United States. It is also one of the world’s leading providers of cloud computing and managed services, according to technology analysis firm Gartner.
The decision by US giants such as CenturyLink and Verizon in March to land services in Australia comes at a critical time for Telstra as it invests billions of dollars to become a global cloud player to offset falling revenue from traditional businesses such as phone calls. It is also the key division for Telstra’s much-vaunted push to grow revenues and profits from the Asian region…
Read more from the source @ http://www.afr.com/technology/us-giant-centurylink-aims-to-take-down-telstra-in-cloud-computing-20150427-1mrpuo