Menu
Connectivity Briefs: Novell, BigPond

Connectivity Briefs: Novell, BigPond

Novell reports overall net loss

Novell has announced financial results for its third fiscal quarter ended July 31. It reported revenue of $US283 million, compared to revenue of $US282 million for the third fiscal quarter of 2002, but produced a net loss of $US12 million. This compared to net income of $US10 million for the same period last year. During the quarter, Novell made decisions to lower its annual operating expense by about $US100 million, primarily through a workforce reduction of 10 per cent, or about 600 staff. The company lowered total employment worldwide to about 5700. Locally, the company performed better with revenue from Asia-Pacific, including Japan, up 15 per cent over the year to $US23 million. Novell Australia general manager, David Lenz, said it had been the strongest quarter for revenue in three years.

BigPond dial-up reaches a million homes

Telstra BigPond has signed up its millionth dial-up residential customer. BigPond managing director, Justin Milne, said the market was still growing rapidly with about 40,000 new applications each month. “We are registering strong growth in residential dial-up services as well as in our broadband products, which indicates we are offering our Internet customers great value,” he said. BigPond has more than 1,170,000, residential and business dial-up customers. Milne claimed that while Telstra expects broadband to be the future of the Internet, most people start off with a dial-up service. “By providing a reliable and cost effective dial-up service, BigPond has established itself as a brand many customers consider first when deciding to make the move to broadband,” he said.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Show Comments