Firstwave Cloud Technology Limited announced that the contract has been extended for an additional two years with a further two-year option, and the scope has been expanded to include additional cybersecurity services provided through FirstWave's CyberCision platform. In addition to the extended agreement, Firstwave and Tesltra have commenced a collaborative marketing campaign to strengthen the marketing and sales of the contracted products through Telstra's sales teams and channels. The joint effort, led by Firstwave Chief Marketing Officer Ehsan Jahandarpour, is expected to deliver enhanced customer experience for Telstra customers and increased revenues for both companies.

Following its recent restructure driven by the acquisition of Opmantek, Firstwave is prioritising Telstra as a key account and is focused on improving its sales enablement process with key account management to open significant new revenue streams.