Telstra's Network Applications and Services (NAS) business is continuing to experience double digit revenue growth, the telco's deputy CFO, Mark Hall, said today in a presentation at the Macquarie Australia Equities Conference.
The division covers videoconferencing, telepresence, managed data networks as well as enterprise security services and incorporates cloud computing services.
Hall said that the six and a half year contract with the Defence Department signed in April is the largest undertaking in Telstra's history. The deal to overhaul Defence's communications will create 350 new jobs and incorporates unified comms, video conferencing and smartphone usage.
"Some products are in decline and we need to invest in capability to support growth opportunities like NAS," Hall said.
The deputy CFO also said that since Telstra launched its 4G network in September 2011, 2.1 million customers have used the technology. The device breakdown includes 1.4 million 4G phones, 150,000 tablets, 370,000 4G dongles and 225,000 Wi-Fi hotspots.
The telco maintained its full-year earnings guidance.