IMO a more appropriate example would be a comparison with NextDC, a company that built large Data Centres all over australia and grew to $2B valuation. What better way than to vertically integrate and provide related services, including storage and cloud services.
TLS/ Telecom Australia tried to implement a cloud based service in the late 1970s with a data centre in Sydney.
So the concept isn’t new, but the implementation of this concept was in the wrong era.
No govt depts or big businesses could see value in this new service being provided by TLS.
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Where to now for long term investors of Telstra, page-6138
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Last
$3.94 |
Change
-0.010(0.25%) |
Mkt cap ! $46.33B | |||
| Open | High | Low | Value | Volume |
| $3.94 | $3.95 | $3.92 | $49.22M | 12.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 88028 | $3.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.95 | 770973 | 41 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| TLS (ASX) Chart |
