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Driving Australia forward with landmark battery and bus business venture

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SINGAPORE, Oct. 7, 2024 /PRNewswire/ — In a landmark collaboration, Singapore Battery manufacturer Durapower Holdings Pte Ltd (Durapower) and leading Australia Zero-Emission Bus Manufacturer, ARCC, have established a business venture to pioneer the successful integration of Durapower’s leading battery technology with ARCC’s battery electric and hydrogen buses.

This milestone collaboration is the first of its kind for an Australia Bus Manufacturer.

ARCC’s partnership with Durapower will demonstrate the opportunity to offer bespoke battery solutions to bus operators, with an industry-first scalable battery program that will allow for the matching of battery systems to route requirements and charging systems.

“The ability to tailor and change battery capacity on buses means operators now have an option of flexibility not previously available in the market.” ARCC’s Managing Director Peter Murley commented. 

Durapower Group CEO Kelvin Lim said, “Durapower’s launch into the Australian market with ARCC not only demonstrated the viability of zero-emission public transport but also marks the beginning of a new and innovative potential industry on Singaporean and Australian shores, with technology transfer planned between the companies.” He further added that, “This promises a sustainable future as well as the potential for new economic and employment opportunities in both countries.”

Mr Lim said, “Durapower and ARCC are keen to demonstrate how the collaboration between industry participants with aligned technologies has the ability to set a precedent for future green technology initiatives.”, adding that, “This collaboration between us will not only support ARCC’s buses, but will establish the foundation for Durapower to consider new industry opportunities in Australia that further promise to bolster the future economy and create local jobs.”

“The success of this collaboration is setting a new standard of innovation, showcasing the tangible results of combining ARCC’s and Durapower technological advancements, to build world-class eco-friendly buses in Australia“, Mr Murley said. “Both companies share a vision for a cleaner, greener public transport sector; our joint dedication to pioneering new solutions has been the catalyst for advancing local innovation into practical vehicle-based solutions.”

“The Durapower ARCC partnership advances a sustainable technical solution that not only addresses climate change but also supports economic growth and job creation.” Mr Murley commented. “By supporting initiatives like this, we’re not just contributing to our climate goals but also securing a prosperous, job-rich future for the next generation.”

Mr Lim remarked, “The partnership with ARCC is a model we believe will inspire further collaboration between the businesses in the sector, amplifying the growth and impact on the industry and the environment.” 

The official launch of the Durapower ARCC collaboration is on 7th October 2024, at Durapower’s Singapore office.

About Australian Aluminium Revolutionary Chassis Company (arccaus.com.au)

ARCC is the foremost Australian zero-emission transport company, committed to the development of local manufacturing and expertise. The company supports all levels of the industry by providing end-to-end solutions for the decarbonisation of fleets and have successfully delivered multiple projects while managing design, production, energy supply, and government approvals for our customers.

ARCC’s products and services include battery electric buses, hydrogen electric buses, integrated power solutions, hydrogen refuellers, fuel cell integration and support, and turnkey zero-emission vehicles.

About Durapower Group (www.durapowergroup.com)

Headquartered in Singapore, Durapower offers closed-loop, end-to-end energy storage solutions for the electric mobility and renewable energy applications including on and off-road Electric, Hybrid and Plug-in Hybrid Electric Vehicles, electric marine vessel and stationary energy storage solutions. Since 2009, Durapower has been a leading innovator of Lithium-Ion cell technology, focusing on the research and development of battery materials, battery cell manufacturing and system integration. With a global presence spanning 25 countries and 50 cities, including European Countries, China, India and Southeast Asia. Durapower Group strives to make scalable, sustainable batteries that support the circular economy, empowering lives and transforming the future towards a carbon neutral economy.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/driving-australia-forward-with-landmark-battery-and-bus-business-venture-302268738.html

SOURCE Durapower Group

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1Q25 Results: Telefônica Brasil S.A.

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SÃO PAULO, May 12, 2025 /PRNewswire/ — Telefônica Brasil – (B3: VIVT3; NYSE: VIV) announces its results for 1Q25.

Strong operating performance led to robust EBITDA and net income growth.

R$ million

1Q25 

 1Q24

% YoY

Net Operating Revenue

14,390

13,546

6.2

Mobile Services

9,272

8,702

6.5

FTTH

1,899

1,717

10.6

Corporate Data, ICT and Digital Services

1,312

1,132

15.8

Handsets and Electronics

909

881

3.2

Other Revenues¹

999

1,114

(10.3)

Total Costs

(8,687)

(8,269)

5.1

EBITDA

5,704

5,277

8.1

EBITDA Margin

39.6 %

39.0 %

0.7 p.p.

EBITDA AL²

4,376

4,047

8.1

EBITDA AL² Margin

30.4 %

29.9 %

0.5 p.p.

Net Income

1,058

896

18.1

Earnings per Share (EPS)

0.65

0.54

20.3

CAPEX ex-IFRS 16

1,869

1,874

(0.3)

Operating Cash Flow (OpCF)

3,835

3,403

12.7

OpCF Margin

26.7 %

25.1 %

1.5 p.p.

Operating Cash Flow AL (OpCF AL)²

2,508

2,173

15.4

OpCF AL² Margin

17.4 %

16.0 %

1.4 p.p.

Free Cash Flow

2,124

2,380

(10.7)

Total Subscribers (Thousand)

116,127

113,481

2.3

1 Other Revenues include Voice, xDSL, FTTC and IPTV. 2 AL means After Leases.

Net revenue expanded by +6.2% YoY, driven by the strong performance of postpaid (+10.3% YoY) and fiber (+10.6% YoY) revenues. Postpaid’s performance is supported by the increase in the customer base (+7.7% YoY), that ended the quarter with 67.4 million accesses due to significant migrations and the acquisition of new customers. Additionally, the impact of annual price adjustments contributed to the +2.0% YoY increase in postpaid ARPU, excluding M2M and dongles, reaching R$52.2.

Fixed revenue increased +6.2% YoY, supported by strong growth in FTTH (+10.6% YoY) and Corporate Data, ICT, and Digital Services revenues (+15.8% YoY) in 1Q25. Our FTTH network reached 29.6 million homes passed (+10.5% YoY), with 7.2 million homes connected (+12.9% YoY).

EBITDA grew by +8.1% YoY, with a margin of 39.6%, an increase of +0.7 p.p. in the annual comparison. EBITDA AL also expanded by +8.1% YoY, with a margin of 30.4% (+0.5 p.p. YoY).

In 1Q25, Capex totaled R$1,869 million, a decrease of -0.3% YoY, representing 13.0% of revenues (-0.9 p.p. YoY), reflecting the reduction in Capex intensity over net revenue. Investments were directed towards strengthening our 5G network, which is already present in 519 cities (+2.9x YoY), covering 62% of the Brazilian population, and expanding our fiber operation.

Operating Cash Flow totaled R$3,835 million (+12.7% YoY), with a margin of 26.7% (+1.5 p.p. YoY) over net revenue.

Net income attributed to Telefônica Brasil reached R$1,058 million in the quarter, an increase of +18.1% YoY. The remuneration paid to shareholders totaled R$2,576 million by the end of April 2025. Additionally, on July 15, 2025, we will pay R$2,000 million related to the second capital reduction event. The Company has just deliberated an additional R$500 million in interest on equity, totaling R$1,120 million up to May 2025. We committed to distribute to our shareholders an amount equal to or greater than 100% of net income for each fiscal year from 2024 to 2026. In 2024, we met the guidance, with a payout of 105.3% of net income.

TELEFÔNICA BRASIL – Investor Relations

ir.br@telefonica.com 
To download the complete version of the Company’s earnings release, please visit our website: https://ri.telefonica.com.br/en 

View original content:https://www.prnewswire.com/news-releases/1q25-results-telefonica-brasil-sa-302453046.html

SOURCE Telefônica Brasil S.A.

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eCloudvalley Accelerates Enterprise Digital Transformation with Innovative Services, Wins 2025 AWS Consulting Partner of the Year Award

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HONG KONG, May 13, 2025 /PRNewswire/ — eCloudvalley Digital Technology Co., Ltd. (eCloudvalley) was honored with the AWS Consulting Partner of the Year award at the AWS Partner Summit 2025 in Hong Kong. This prestigious recognition highlights eCloudvalley’s leadership in empowering customers to adopt cloud services and drive digital transformation. As an AWS Premier Tier Services Partner, eCloudvalley has consistently demonstrated its capability to help customers innovate and optimize operations—earning strong recognition across industries.

In addition to delivering professional cloud services to its customers, eCloudvalley was also honored with the MSP Partner of the Year – Global award in the 2024 Geo and Global AWS Partner Awards, recognizing its excellence on a global scale. Beyond this prestigious accolade, eCloudvalley is also a Strategic Collaboration Agreement (SCA) Partner with AWS in the Greater China region, working closely with AWS to accelerate cloud migration and modernization services.

“As one of AWS’s partners, we are honored to receive this recognition,” said Linda Lin, CEO of eCloudvalley. “It underscores our unwavering commitment to helping enterprises achieve operational excellence and grow together. This award is more than just a recognition—it reflects our continued ability to deliver professional services that enable our customers to scale faster and with greater confidence.”

“In today’s rapidly evolving landscape, only agile and resilient teams can earn recognition in the highly competitive Greater China region,” said ChiaShen Hsu, Regional Director of Greater China at eCloudvalley. “eCloudvalley is more than just a cloud service provider—we are committed to continuously supporting our customers in achieving their cloud goals through reliable, compliant, and highly efficient solutions to meet every challenge ahead.”

“This recognition highlights our trusted position in the market. While cloud services remain an emerging technology for many enterprises” said Joe Kwok, Country Manager of Hong Kong at eCloudvalley. “We are extremely proud to be selected as AWS Consulting Partner in Hong Kong, eCloudvalley helps businesses reduce the various costs associated with adopting cloud services and driving digital transformation. From assessment and implementation to operation and professional support, we provide customized solutions tailored to the specific needs of each enterprise. Choosing a partner with deep expertise in cloud services is the key to success for businesses looking to invest in AI and drive their transformation.”

With the rapid advancement of AI, enterprises today require faster responses and stronger resource support than ever before to tackle increasingly complex challenges. Choosing a trusted cloud expert is the crucial first step. Having served over 2,400 enterprises globally, eCloudvalley stands out as the top choice for organizations seeking a reliable partner in their digital journey.

About eCloudvalley

At eCloudvalley, established in 2013 and now a global leader in the cloud market, we boast a strong presence across the world, especially in APAC, serving over 2,400 businesses with a unique blend of international expertise and local insights. Our commitment to local empowerment enables us to deliver world-class, tailored solutions in Cloud, Data, and Security, leveraging cutting-edge technologies and deep industry expertise. As an award-winning AWS Premier Partner, we offer unmatched technical specialization in cloud solutions, ensuring a comprehensive approach to digital transformation. Our global knowledge, combined with local understanding, positions us uniquely to provide solutions that are both globally informed and locally adept, making eCloudvalley a dedicated ally in your journey towards holistic digital transformation.

Visit us: https://www.ecloudvalley.com/hk/p/contact-us

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SOURCE eCloudvalley Digital Technology Co., Ltd.

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Black Box Strengthens Australian Presence. Launches Security Operations Center, and Data Networking Lab in Sydney

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MUMBAI, India and SYDNEY, May 13, 2025 /PRNewswire/ — Black Box Limited (BSE: 500463) (NSE: BBOX), a leading digital infrastructure solution provider, today announced the expansion of its operations in Australia with the launch of a new facility in Sydney. This strategic move underscores Black Box’s commitment to providing world-class, customer-centric technology solutions that combine global expertise with tailored local execution.

At the core of the expansion is the establishment of a state-of-the-art Security Operations Center (SOC) and an advanced Data Networking Lab. These facilities are purpose-built to meet the growing demand for robust cybersecurity and high-performance networking solutions among Australian enterprises.

The new SOC will offer 24/7 threat monitoring, AI-driven risk mitigation, and real-time incident response, enabling organizations to proactively protect their digital environments. Complementing this, the Data Networking Lab will accelerate the deployment of next-generation technologies such as Wi-Fi 6E, AI-powered automation, and Software-Defined Networking (SDN)—empowering businesses to modernize, optimize, and future-proof their IT infrastructure.

“Our expansion is fundamentally about serving our customers better,” said Mr. Sanjeev Verma, President & CEO, Black Box. “We’re not just opening a new office—we’re creating a dedicated innovation hub that will transform how Australian enterprises approach digital security and network modernization.”

This investment represents a significant milestone in Black Box’s global growth strategy and reinforces its vision of enabling secure, intelligent, and scalable digital transformation for enterprises worldwide. As Australia’s digital economy continues to evolve rapidly, Black Box is committed to playing a leading role in helping organizations strengthen resilience, agility, and competitiveness in an increasingly complex technology landscape.

About Black Box

Black Box is a global digital infrastructure integrator specializing in network integration, cybersecurity, digital connectivity, and data center services. With 4,000 professionals worldwide, the company supports businesses across the United States, Europe, Asia Pacific, the Middle East, and Latin America, helping them accelerate digital transformation, fortify cybersecurity, and optimize operations.

At the core of its solutions is cybersecurity expertise, offering AI-driven threat detection, proactive risk mitigation, and 24/7 security operations to defend enterprises against evolving cyber threats. Partnering with industry leaders, Black Box delivers secure, scalable, and industry-specific technology solutions. By blending cutting-edge security with innovation, the company empowers businesses to build resilient digital ecosystems that drive growth and agility in an increasingly complex threat landscape.

For more information, visit www.blackbox.com.

View original content:https://www.prnewswire.com/apac/news-releases/black-box-strengthens-australian-presence-launches-security-operations-center-and-data-networking-lab-in-sydney-302452670.html

SOURCE Black Box

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