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  Microsoft shores up Australian alliances
Time: 10:34 EST/15:34 GMT | News Source: Reuters | Posted By: Byron Hinson

Microsoft Corp said on Thursday its relationship with telecoms giant Telstra Corp Ltd TLS.AX remained strong but admitted it had made mistakes in Australia when introducing a new software licensing system. Microsoft Chief Executive Steve Ballmer dismissed speculation the company may lose hundreds of millions of dollars in business from Telstra which recently signed a major deal with rival Sun Microsystems Inc.
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