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Why FirstWave’s Telstra Deal Extension Signals a Strategic Shift
11:43am on Thursday 26th of June, 2025 AEST
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Technology
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Why FirstWave’s Telstra Deal Extension Signals a Strategic Shift
11:43am on Thursday 26th of June, 2025 AEST
Key Points
12-month extension of Secure Internet Gateway agreement with Telstra
Expected FY26 revenue from Telstra contracts to fall from $1.75M to $0.6M
Products and Services Agreement extended by two months with minimal revenue impact
Cost savings planned to offset reduced gross profit from Telstra agreements
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