To: allen v.w. who wrote (23077 ) 8/19/1999 5:26:00 PM From: allen v.w. Read Replies (1) | Respond to of 40688
I wonder if AT&T is up to something good that we don't know about? -------------------------------------------------- AAPT Acquires AT&T EasyLink Services Australia SYDNEY, AUSTRALIA, 1999 AUG 16 (Newsbytes) -- By Adam Creed, Newsbytes. Australia's third largest telecommunications provider AAPT Ltd. [AUS:AAP] will be in a position to offer full service e-commerce solutions as well as data and voice telephony services with the acquisition of service provider AT&T EasyLink Services Australia from parent AT&T Corp. [NYSE:T] today. With the country's top two telcos - Telstra and Cable & Wireless Optus - now providing a full suite of Internet services from access right through to Web hosting and e-commerce provision, the acquisition keeps AAPT in touch with its two larger competitors. AT&T EasyLink Services Australia was formerly owned by AT&T, Qantas and CSC (Computer Sciences Corporation). It will be renamed AAPTcommerce and will team up with AAPT's Internet service provider arm Connect.com.au to provide business-to-business e-commerce solutions in Australia. Connect.com.au already provides a range of business-to-consumer services, such as the Intershop Web storefront product. AAPTcommerce will expand these e-commerce services to business-to-business markets. "This acquisition is the latest milestone in AAPT's strategy to rapidly bring to market major innovations and services that build on our own infrastructure and capabilities," said Steve Picton, AAPT's group director of strategic development. "AAPTcommerce will be the platform for our ongoing e-commerce services in the business-to-business sector, the most sustainable and highest growth area," he added. Australia's largest telco Telstra provides e-commerce solutions through its interests in service providers such as Sausage Software and through its own online payments company Telstra Surelink. The country's second largest telco, Cable & Wireless Optus, has spent the year integrating its Internet services with its business telephony in an effort to catch a share of the business-to-business market. AAPT's acquisition of AT&T EasyLink also sees the company gain a number of high profile customers, including Compaq, Seiko, Wesfarmers Dalgety, DHL, Federal Express and Qantas. AT&T has decided to sell off the Easylink business in Australia to refocus on global services for multinational corporations. "AT&T EasyLink Services Australia has been an excellent investment for AT&T, however we are now refocusing our strategy on the global needs of our multinational customers," said Andrea Galloway, head of AT&T's operations in Australia. Reported By Newsbytes.com, newsbytes.com andovernews.com