Macquarie Telecom Limited is a telecommunication company headquartered in Sydney, New South Wales. It provides cyber security, data, cloud computing, colocation, voice, and mobile services. The company is doing business and providing services primarily in Singapore and Australia. It has approximately 470 employees and is registered under the code MAQ on the Australian Securities Exchange.
Macquarie Telecom Company Profile And Overview
Macquarie Telecom Group offers telecommunications services to both the government and business sectors.
The company provides services through the following business segments.
This segment provides business telecommunication services, which include cloud, colocation, nbn, SD-WAN, and mobile services. Macquarie Telecom offers solutions regarding mobile management, managed mobility services, cloud services, internet-related services, and SIP issues.
Macquarie Cloud Services
This unit provides organizations with cloud-based solutions, including data center extension, private cloud, hybrid cloud, and related management tools. Macquarie cloud centers benefited from COVID-19, as people started using the cloud more after the pandemic.
It offers state and federal agencies services, including secure internet gateway (SIG), secure cloud, security, and colocation services to the government. It is the core part of the group, based around 250 government-cleared engineers. Its working is complex because the cyber security threats are constantly evolving, raising the hurdle bar continuously.
Macquarie Data Centers
The Macquarie Data Centers of the Macquarie Telecom Group provide services of securing and sorting considerable quantities of information with five centers covering all parts of Australia. They announced a plan to further expand the company in 2021 and build Intellicentre 3 Super.
Macquarie Telecom’s “SoUnTelco” philosophy means seeing customers, prioritizing their needs, and supporting them. The company knows its customers expect a different service experience and strives hard to provide the same. They understand that to be a leading telecommunication company, and they have to keep up with the ever-changing trends in the industry.
- Macquarie Telecom Group launched an SD-WAN service in collaboration with VMware in August 2017. The company claims it to be the first SD-WAN service in Australia that can maintain multiple carriers.
- The company signed a deal above A$100 million with NBN Co in June 2018.
- They announced a deal with Apple Inc. in August 2019, which allowed Macquarie Group to resell devices manufactured by the tech giant.
- The Australian Tax Office hired the group for Secure Internet Gateway (SIG) in 2019.
- At the annual GloTel (Global Telecoms) awards in November 2020, Macquarie Cloud Services won the Managed Services Innovation of the Year.
- Macquarie Telecom introduced its SD-LAN service in February 2021.
- They plan to establish a new data center named “Intellicentre 3 Super West,” as the company announced in July 2021.
Macquarie Cloud Services (MCS) Graduate Program
The MCS graduate program offers several opportunities, experience, and training, allowing university graduates to build outstanding careers. This 2-year formal training program enables university graduates to take full-time responsibilities as Tier 1 Engineers in Macquarie Telecom’s Hosting Management Centre.
The program provides learning modules on cyber security, cloud computing, and hosting, enabling the graduates to get a bright career in computing, networking, or software development through automation and DevOps. Macquarie Group has continued investing in the learning and development of trainees, ensuring that they acquire the required skills and are awarded certifications. That will build a perfect platform for the graduates in progressive careers.
Some of the partners and clients of Macquarie Telecom Group are:
- Australian Prudential Regulation Authority
- Vision Australia
- Parliament of Australia
- Civil Aviation Safety Authority
- Department of the Prime Minister and Cabinet
- Western Sydney Airport
- Hall and Prior
- News Corp
- Red Hat
Building Data Capacity
Macquarie Telecom predicts the public cloud market to double between 2019 -2023, with its stock up circa 160% since the start of 2020. MAQ has planned to invest as much as $129 million in the fiscal year 2022, building its data capacity up to 54mw, from the current capacity of 17mw, to lead the cloud computing sector of telecommunication in Australia. Australia’s total market size of cloud computing services is expected to hit $1.4billion by 2025.
Macquarie Telecom Group has a return on capital employed (ROCE) of 4.5%, a bit low but much better than the telecom industry average of 3.4%. The group reported first-half revenue of $149.3million in FY22, 4% higher than the first half of FY21. Meanwhile, the 48% fall in net profit after tax reflected increased capital expenditure levels.
Macquarie Telecom Share Price
Macquarie Telecom’s share price has plunged this year. The company’s share price has clipped a 27% gain in the past 12 months despite the volatility. The company bounced from a three-month low of $56.37 on 26 May in a relief rally that extended to 64.40 per share.
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Let’s look at some of the frequently asked questions about Macquarie Telecom. They may provide you with added and valuable knowledge about the group.
Who Owns Macquarie Telecom?
Macquarie Telecom Group Ltd. is an Australian-based telecommunication company offering cloud computing, cyber security, telecommunication, and data center services to government and corporate customers across the country. Macquarie Telecom was founded in 1992 by David Tudehope and his brother Aidan.
Is Macquarie Telecom part of Macquarie Group?
Macquarie Telecom is a separate business entity from Macquarie Group Ltd. The latter offers financial services across Australia and the other country.
How does MAQ’s PS Ratio compare to other Global Telecom Industry companies?
MAQ is expensive, based on its Price-To-Sales Ratio (5x) compared to the Global Telecom industry average (1.7x).