Opps should read $205,000 Australian per company rather than $105,000.
Corrected version
Key pieces of information in latest Chairman’s update.
“An ambitious timetable set by China Telecom that highlights the importance of the cloud services role.”
“In September of 2017, the Chinese Government mandated China Telecom Jiangsu to migrate 100,000 companies ( with IT Capex of greater than 500,000RMB the equivalent of approx$205,000 Australian dollars per company) to the cloud.”
Because the uniqueness and outstanding superiority of Netlinkz cloud technology people can draw their own conclusions about the need for earnings guidance to the market and all this entails.
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- Ann: Chairmans Letter and Notice of Meeting
Ann: Chairmans Letter and Notice of Meeting, page-38
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