Telecommunications in Australia

Flood Specialist reThought Primes for Growth with $15.5 Million Series A Raise

Retrieved on: 
Tuesday, July 27, 2021

BROOMFIELD, Colo., July 27, 2021 /PRNewswire/ -- Tech-enabled MGA reThought Insurance has completed a $15.5 million Series A investment round that will help fund its rapid growth in the flood insurance market. Led by Telstra Ventures, the fundraising also includes participation from Hudson Structured Capital Management, doing (re)insurance business as HSCM Bermuda, and ArcTern Ventures. HSCM's Andrew Sagon and Telstra Ventures' Marcus Bartram have joined the reThought board. Existing venture funds invested in the insurtech include Menlo Ventures, ManchesterStory and Streamlined Ventures.

Key Points: 
  • BROOMFIELD, Colo., July 27, 2021 /PRNewswire/ --Tech-enabled MGA reThought Insurance has completed a $15.5 million Series A investment round that will help fund its rapid growth in the flood insurance market.
  • reThought currently focuses on writing flood coverage for complex mid-tier commercial risks and high net worth (HNW) properties but is also developing offerings for other perils.
  • There will also be investment in operational capabilities to be able to handle increased volumes of business and support faster growth.
  • For more information on how reThought has re-imagined flood insurance, please visit www.rethoughtinsurance.com
    Telstra Ventures identifies what's next, right now.

Telstra Expands Americas Broadcast Business with New U.S. Broadcast Operations Center and Growing Partnership with PSSI Global Services

Retrieved on: 
Tuesday, June 22, 2021

Telstra Broadcast Services (TBS) expands its presence in the United States with the launch of a new Broadcast Operations Center (BOC) at the PSSI International Teleport in Pittsburgh.

Key Points: 
  • Telstra Broadcast Services (TBS) expands its presence in the United States with the launch of a new Broadcast Operations Center (BOC) at the PSSI International Teleport in Pittsburgh.
  • View the full release here: https://www.businesswire.com/news/home/20210622005460/en/
    To support the immense global demand for North American content, Telstra has expanded its Americas broadcast business with the launch of a new Broadcast Operations Center at the PSSI International Teleport in Pittsburgh.
  • (Photo: Business Wire)
    The BOC part of an expanded partnership with PSSI Global Services enables Telstra Broadcast Services to add U.S.-based managed services including operations, monitoring, bookings and technical services to its overall Telstra Global Media Network (GMN) offerings and complements Telstras existing broadcast operations facilities in London, Hong Kong and Sydney.
  • We believe our partnership with PSSI will reap benefits for content creators and content consumers on a global scale.

LambdaTest rallies global investors raising $16m in series B funding as it rapidly scales

Retrieved on: 
Wednesday, June 2, 2021

San Francisco, June 02, 2021 (GLOBE NEWSWIRE) -- Cloud-based browser testing platform LambdaTest today announced it has secured US$16 million in Series B funding led by Sequoia Capital India.

Key Points: 
  • San Francisco, June 02, 2021 (GLOBE NEWSWIRE) -- Cloud-based browser testing platform LambdaTest today announced it has secured US$16 million in Series B funding led by Sequoia Capital India.
  • Telstra Ventures, MENA region investor Wamda Capital and a leading sovereign wealth fund also joined the series B round.
  • LambdaTest exists to support the developer community to identify defects in code much earlier in the release cycle.
  • Since its launch, LambdaTest has attracted over 500,000 developers in 132 countries who have performed more than 20 million tests.

Snapcommerce, Message-Driven Mobile Commerce Platform, Raises $85M USD in Funding Led by Inovia Capital and Lion Capital

Retrieved on: 
Thursday, March 4, 2021

The round was co-led by Inovia Capital and Lion Capital with participation from Acrew DCF, Thayer Ventures and Full In Partners, and included existing investors Telstra Ventures and Bee Partners.

Key Points: 
  • The round was co-led by Inovia Capital and Lion Capital with participation from Acrew DCF, Thayer Ventures and Full In Partners, and included existing investors Telstra Ventures and Bee Partners.
  • View the full release here: https://www.businesswire.com/news/home/20210304005296/en/
    Snapcommerce, Message-Driven Mobile Commerce Platform, Raises $85M USD in Funding Led by Inovia Capital and Lion Capital.
  • Snapcommerce is projected to cross over $1B USD in total mobile sales in 2021.
  • Snapcommerce is a message-driven commerce platform that uses AI to connect price-conscious consumers to the best promotions on mobile.

Ex-Telstra Purple Director of Sales, Michael Burt Joins the Murdoch Webster Team with an Eye on Rapid Growth

Retrieved on: 
Thursday, September 10, 2020

Murdoch Webster Technology Group ( https://www.mwtg.com.au ) appoints Ex-Telstra Purple Director of Sales, Michael Burt as Director.

Key Points: 
  • Murdoch Webster Technology Group ( https://www.mwtg.com.au ) appoints Ex-Telstra Purple Director of Sales, Michael Burt as Director.
  • In challenging conditions, customers have responded to MWTG's focus on Human-centred IT and driven strong yearly growth.
  • "The leadership team are thrilled to have Michael join us at Murdoch Webster.
  • Murdoch Webster has enjoyed remarkable growth over the past 12 months despite the current global condition," said MWTG Founder & CTO, Chris Mearns.

Australia 2020: Telecoms & ICT Services Market to 2024 Featuring Macquarie Telecom Group, Optus (Singtel), Telstra, TPG Telecom and Vocus Group

Retrieved on: 
Monday, March 30, 2020

DUBLIN, March 30, 2020 /PRNewswire/ -- The "Operator Business Services: Australia Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 30, 2020 /PRNewswire/ -- The "Operator Business Services: Australia Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
  • This report provides an outlook on the telecoms and ICT services market in Australia for businesses of all sizes.
  • It contains forecasts for fixed and mobile voice and data networking services, as well as other business services such as security, co-location and hosting and public and private cloud services.
  • It also provides brief profiles of the major operators that are active in the Australian business market, including Macquarie Telecom Group, Optus (Singtel), Telstra, TPG Telecom and Vocus Group.

Australian Telecoms & ICT Services Market, 2019-2024 - Operator Business Revenue in Australia Will Remain Stable and ICT Services Contribution Will Increase Significantly - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 26, 2020

The "Operator Business Services: Australia Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Operator Business Services: Australia Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
  • This report provides an outlook on the telecoms and ICT services market in Australia for businesses of all sizes.
  • It contains forecasts for fixed and mobile voice and data networking services, as well as other business services such as security, co-location and hosting and public and private cloud services.
  • It also provides brief profiles of the major operators that are active in the Australian business market, including Macquarie Telecom Group, Optus (Singtel), Telstra, TPG Telecom and Vocus Group.

New Telstra Locator Cat-M1 Tag Lets Australians Track their Valuables Nationwide

Retrieved on: 
Tuesday, November 12, 2019

Today, Telstra announced its latest addition to the Telstra Locator product range with the launch of the new Telstra Locator Cat-M1 Tag.

Key Points: 
  • Today, Telstra announced its latest addition to the Telstra Locator product range with the launch of the new Telstra Locator Cat-M1 Tag.
  • By attaching a Telstra Locator Cat-M1 Tag to their items, customers can use the Locator App to help find their possessions, combining the benefits of the Telstra Bluetooth community and Telstras LTE-M coverage area.
  • View the full release here: https://www.businesswire.com/news/home/20191112005462/en/
    Telstra announced its latest addition to the Telstra Locator product range with the launch of the new Telstra Locator Cat-M1 Tag.
  • But now, with a Telstra Locator subscription and Cat-M1 add-on, customers can simply attach a Telstra Locator Cat-M1 Tag to their personal items and use the Telstra Locator App to help find them.

Australia Telecoms Industry Revenue Statistics and Forecasts Report 2019 - ResearchAndMarkets.com

Retrieved on: 
Friday, November 1, 2019

The "Australia - Telecoms Industry - Revenue Statistics and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Australia - Telecoms Industry - Revenue Statistics and Forecasts" report has been added to ResearchAndMarkets.com's offering.
  • This report provides statistics on revenue and market forecasts as well as analyses for the Australian telecommunications market by major providers and service.
  • The telecoms service market is segmented according to the major providers Telstra, Optus, Vodafone, as well as second-tier market providers including Vocus- M2, TPG and Macquarie Telecom.
  • While fixed-line telephony traffic and revenue are declining, the mobile broadband market is growing steadily.

Operator Business Services in Australia: 2018-2023 Forecast Report Featuring Telstra, Optus (Singtel), Vocus Group, Macquarie Telecom Group, and TPG Telecom - ResearchAndMarkets.com

Retrieved on: 
Tuesday, September 10, 2019

The "Operator business services: Australia forecast 2018-2023 " report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Operator business services: Australia forecast 2018-2023 " report has been added to ResearchAndMarkets.com's offering.
  • Operator business services revenue in Australia is expected to decline slightly during the forecast period in spite of strong growth in revenue from ICT services, IoT connectivity and mobile data.
  • This report provides an outlook on the telecoms and ICT services market in Australia for businesses of all sizes.
  • it also provides brief profiles of the major operators that are active in the Australian business market, including Macquarie Telecom Group, Optus (Singtel), Telstra, TPG Telecom and Vocus Group.