Telstra has launched a European corporate ISP under the name Telstra Big Pond.
The corporate ISP will offer flexible bandwidth capabilities for small to mid-sized businesses with leased lines for internet connections of either 64K bits per second (Bps) or 45M Bps, Telstra said in a statement. Big Pond also offers a number of server hosting options, the company said. Firewall and VPN (virtual private network) services will be added in the future, Telstra said.
The service will be provided in conjunction with the UK independent ISP GX Networks Ltd. under terms of a partnership agreement forged between the two companies in June. Big Pond will allow the company to pursue e-commerce business strategies in Europe, Telstra said.
In August, Telstra announced net profits of $A3.49 billion with total expenses of $9.82 billion for its fiscal year, ending June 30, 1999, adding that it was a 16 per cent increase of profitability for the company over the year before.