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Telstra to pump £500m+ into cloud services

Telstra will invest AU$800m in cloud computing over the next five years

Telstra has announced a £500m+ (AU$800m) investment in cloud computing over the next five years to support what it says is a growing demand from Australian organisations for cloud services. The telco is rumoured to have invested AU$200m in cloud to date and this latest announcement will kick-off the construction of a new data centre, the modernisation of existing facilities, increased automation of utility computing services and the expansion of the telco’s range of enterprise applications, among other things. Construction of a new data centre in Melbourne is already underway.

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