Travel guide giant Lonely Planet joins a string of newcomers to Verizon Business as the telecommunications provider seeks to bolster its operations in Australia.
No Australian jobs will be lost and the product lineup will remain unchanged as the local arm of international telco MCI quietly transforms into a business-focused division of acquirer Verizon, according to a spokesperson for the new operation.
International telco Verizon last week admitted it had shed some Australian staff with its January acquisition of MCI. But the US heavyweight continues to win large deals Down Under.
It wasn't too long ago that vendors still made a lot of their money through equipment markups. Telcos were the same, with comfortable profit on ISDN, STD calls, calls to mobiles and other heavily used services padding out financial reports.
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